Bought with Skyline Properties, Inc.
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Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,256 sqft
Price per Sqft $460
Subdivision West Seattle
MLS Listing ID 2165862
Sold Date 12/22/23
Style 55 - 5-9 Units
Year Built 1962
Annual Tax Amount $11,823
Lot Size 5,000 Sqft
Property Description
SELLER FINANCING AVAILABLE – The Bruce Apartments is a six-unit building that offers a great opportunity to own a low-maintenance property one block from the Morgan Street Junction. Seller financing is available with a 5.0% interest only rate, 25% down payment, and a 5-year term, making this an ideal opportunity for an investor to start their real estate investment portfolio or add it to their existing holdings. The Bruce Apartments consists of all one bedroom – one bathroom units that have been meticulously maintained and updated over the years. There is a common laundry room and storage units available for each unit of which the current ownership does not charge for.
Location
State WA
County King
Area 140 - West Seattle
Interior
Fireplace false
Exterior
Exterior Feature Brick, Wood Products
View Y/N No
Roof Type Built-Up
Building
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Owner Financing
Listing Terms Cash Out, Conventional, Owner Financing
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