About 6247 Flora Avenue S
A GREAT OPPORTUNITY AWAITS YOU WITH THIS OUTSTANDING PROPERTY! The Historic Faust-Dahlstrom House in hip and happening Georgetown is available for the first time in many years. This 4-UNIT PROPERTY (TRIPLEX + COTTAGE) situated on an 8000 SQFT LOT has the POTENTIAL TO BUILD ANOTHER DADU for even more income, and it may be possible to put more than one additional DADU on this lot (Buyer to verify). Cap rate is currently 5.7% These units have been updated, yet retain their historic charm. BELOW MARKET RENTS MORE THAN COVER MORTGAGE AND EXPENSES WITH 25% DOWN! Call helpful Listing Broker for full information on this excellent property.
Features of 6247 Flora Avenue S
MLS® # | 2357955 |
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List Price | $998,900 |
Sale Price | $1,005,000 |
Price Per SqFt | $394 |
Bathrooms | 0.00 |
Square Footage | 2,550 |
Acres | 0.18 |
Year Built | 1895 |
Type | Income |
Sub-Type | Multi Family |
Status | Sold |
Community Information
Address | 6247 Flora Avenue S |
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Area | 380 - Southeast Seattle |
Subdivision | Georgetown |
City | Seattle |
County | King |
State | WA |
Zip Code | 98108 |
Amenities
Parking Spaces | 4 |
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Is Waterfront | No |
Interior
Fireplace | No |
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# of Stories | 2 |
Exterior
Exterior Features | Wood |
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Lot Description | Alley, Curbs, Paved, Sidewalk |
Foundation | Poured Concrete |
School Information
District | Seattle |
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Additional Information
Days on Market | 148 |
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Cumulative Days on Market | 148 |
Days on Website | 51 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |