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Listed by Paragon Real Estate Advisors
$2,100,000
Est. payment /mo
12 Beds
13 Baths
6,030 SqFt
UPDATED:
11/14/2024 04:26 AM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,030 sqft
Price per Sqft $348
Subdivision Des Moines Waterfront
MLS Listing ID 2299840
Style 56 - 10+ Units
Bedrooms 12
Year Built 1939
Annual Tax Amount $22,127
Lot Size 0.344 Acres
Property Description
Built in 1939 in a charming Spanish architectural style, the Vista Del Mar is prominently positioned on a 15,000 SqFt corner lot just blocks from water right in the heart of the Des Moines Marina District. The property consists of two buildings with a mix of efficient studio, one-bedroom and two-bedroom apartments. Common area amenities include off-street parking with 12+ stalls, an outdoor seating/gathering space and a common laundry room. The property also has a large garage space that is being used as a workshop and extra storage space currently. The property offers significant income upside in the current condition and value-add opportunity through renovation and repurposing of the underutilized space.
Location
State WA
County King
Area 120 - Des Moines/Redondo
Interior
Fireplace false
Exterior
Exterior Feature Stucco, Wood
Waterfront No
View Y/N No
Roof Type Flat,Tile
Building
Sewer Sewer Connected
New Construction No
Schools
School District Highline
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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