$1,200,000

5952 Fauntleroy Wy Sw, Seattle, Wa 98136

  • 5 Beds
  • 4 Baths
  • 2,740 Sqft
  • 4,400 Sqft lot
  • MLS#2584274

About the Property

Terrific opportunity to acquire a well-maintained triplex in a prime West Seattle location. Built in 1996 and in great condition with terrific curb appeal. Attractive terraced landscaping. All units sit above the street for added privacy. All 3 units have been updated and are in good condition. All are spacious and have open concept floorplans. Top floor unit is 2 bed/2 bath, one has 2 bed/1 bath,
Terrific opportunity to acquire a well-maintained triplex in a prime West Seattle location. Built in 1996 and in great condition with terrific curb appeal. Attractive terraced landscaping. All units sit above the street for added privacy. All 3 units have been updated and are in good condition. All are spacious and have open concept floorplans. Top floor unit is 2 bed/2 bath, one has 2 bed/1 bath, and one is 1 bed/1 bath, for a total of 2850 +/- sq ft of living space. Each unit has a dishwasher, washer, and dryer. 4 parking spaces in the alley, plus plenty of street parking out front. Excellent tenant occupancy. Rents total $6405/month and are below market, creating ability to improve on current CAP rate of 4.7%. Rent increase notice delivered 9/1/2026 (5%). Fairmount Park neighborhood is centrally located. Morgan and Alaska junctions are nearby. Close to shops, restaurants, parks, and schools. Beautiful Lincoln Park and the Fauntleroy ferry are minutes away. Great public transportation out front and great access to downtown Seattle. Truly an ideal investment opportunity. Live in one unit and rent out two or just capitalize on this amazing opportunity!
  • Property type

    Apartment

  • Year built

    1996

  • Price/sqft

    $437

Features

Features

Lot

Indoor

  • Fireplace
  • Washer Dryer
  • Bar
  • Open Kitchen
  • Walk In Closet

Outdoor

  • Terrace
  • Balcony
  • Parking

Explore the Area

5952 Fauntleroy Wy SW , Seattle, WA 98136, Washington, United States View on Google Maps
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Ev Winningham

Joined 11 years ago
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Ev Winningham
Washington, United States
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3
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2015
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Realogics Sotheby's International Realty
Realogics Sotheby's International Realty
15 Lake Street Suite 200, 98033, Kirkland, Washington, United States
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The Realogics Sotheby’s International Realty Connoisseurs of Life Showroom in downtown Kirkland thrives off the vib
The Realogics Sotheby’s International Realty Connoisseurs of Life Showroom in downtown Kirkland thrives off the vibrant and active lifestyle that marks this waterfront community. Perfectly positioned upon Lake Washington on Seattle’s Eastside, Kirkland was named top five Best Places to Live in the U. S. by Money Magazine. This idyllic community offers big-city amenities but maintains its authentic, small-town spirit. Kirkland is a boater’s paradise with convenient moorage, making it a popular aquatic destination. Downtown offers boutique shopping, a broad mix of restaurants and nightlife, art galleries, wine tasting, and other specialty stores. It also boasts a 400-seat performing arts center and is home to Fortune 500 companies and a burgeoning venture capitalist economy. Real estate opportunities range from affordable in-city condominiums and apartments to single-family homes and expansive waterfront estates. With renowned schools and a stellar sense of community, residents and visitors are poised to benefit from exciting new commercial and residential developments and enjoy attending annual events including the classic car show, Summerfest, First Friday Art Walk, and beyond. We proudly represent distinctive homes in Washington state, including Bellevue, Clyde Hill, Hunts Point, Issaquah, Kirkland, Lake Sammamish, Medina, Mercer Island, Newport Hills, Redmond, Somerset, Woodinville, and Yarrow Point.
Last updated
September 19
First listed
September 19
Listing link
Listing reference
HQ5P3Z
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