5454 Fauntleroy Avenue Sw, Seattle, WA 98136
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- MLS#: NWM2288342 ( Residential Income )
- Street Address: 5454 Fauntleroy Avenue Sw
- Viewed: 1
- Price: $2,100,000
- Price sqft: $344
- Waterfront: No
- Year Built: 1987
- Bldg sqft: 6110
- Garage / Parking Spaces: 4
- Additional Information
- Geolocation: 47.5522 / -122.381
- County: KING
- City: Seattle
- Zipcode: 98136
- Subdivision: Fairmount
- Provided by: Paragon Real Estate Advisors
- Contact: Michael Urquhart
- 206-623-8880
- DMCA Notice
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DescriptionFindlay Court is a meticulously maintained 10 unit apartment building located in the heart of the vibrant West Seattle neighborhood. With a strong history of diligent care under the current ownership for the past 25 years, this property offers both stability and potential for immediate rent growth. Rents are currently about 25% below market in current unit conditions presenting a significant opportunity to increase rents and improve cash flow.
Property Location and Similar Properties
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 4.00
Close Date
- 0000-00-00
Cooling
- None
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Stucco
Garage Spaces
- 0.00
Heating
- Radiant
Insurance Expense
- 12500.00
Living Area
- 0.00
Area Major
- 140 - West Seattle
Net Operating Income
- 91924.00
Open Parking Spaces
- 6.00
Other Expense
- 25685.00
Parcel Number
- 2324039081
Possession
- Closing
Property Type
- Residential Income
Roof
- Flat
Sewer
- Sewer Connected
Tax Year
- 2024
Year Built
- 1987