22506 7th AVE S new to site

Des Moines,WA 98198

$ 2100000

12 Beds

13 Baths

6030 SqFt


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

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

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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