5952 Fauntleroy WAY SW, Seattle, WA 98136
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5952 Fauntleroy WAY SW, Seattle, WA 98136
5952 Fauntleroy WAY SW, Seattle, WA 98136
5952 Fauntleroy WAY SW, Seattle, WA 98136
5952 Fauntleroy WAY SW, Seattle, WA 98136
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Kristen Spellman

Kristen Spellman

+1(971) 338-0022
Listed by:Realogics Sotheby's Int'l Rlty • Kimberleigh King
$ 1,200,000
Est. payment /mo
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5952 Fauntleroy WAY SW Seattle, WA 98136

6 Beds

4 Baths

2,740 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,740 sqft

Price per Sqft $437

Subdivision Fairmount

MLS Listing ID 2584274

Style 53 - Tri-plex

Bedrooms 6

Year Built 1996

Annual Tax Amount $9,667

Lot Size 4,400 Sqft

Property Sub-Type Multi Family

Property Description

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!

Location

State WA

County King

Area 140 - West Seattle

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl

Amenities Available Cable TV, Deck, Fenced-Partially

View Y/N No

Roof Type Composition

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

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Kristen Spellman
Kristen Spellman

OR & WA Residential. Commercial. Advising Realtor

+1(971) 338-0022 | kristen@pacificnwbroker.com

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5952 Fauntleroy WAY SW