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Listed by Paragon Real Estate Advisors
$ 2,100,000
Est. payment /mo
Active
22506 7th AVE S Des Moines, WA 98198
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
"Three Trees" icon indicates a listing provided courtesy of NWMLS.