Courtesy of: Kathryn J. Buchanan | Windermere Mercer Island
$998,900Seattle, WA 98108
0.18 Acres
King County
Key Features
MLS ID: 2357955
Year Build: 1900
Status: Active
Property Type: Residential Income
Area: 380 - Southeast Seattle
Exterior: ["Wood"]
Address: 6247 Flora Avenue S, Seattle, WA 98108
City: Seattle
State: WA
Zip: 98108
County: King
Description
A GREAT OPPORTUNITY AWAITS YOU WITH THIS OUTSTANDING PROPERTY! The Historic Faust-Dahlstrom House in hip and happening Georgetown is available for the first time in many years. This 4-UNIT PROPERTY (TRIPLEX + COTTAGE) situated on an 8000 SQFT LOT has the POTENTIAL TO BUILD ANOTHER ADU for even more income, and it may be possible to put more than one additional ADU on this lot (Buyer to verify). Cap rate is currently 5.7% These units have been updated, yet retain their historic charm. BELOW MARKET RENTS MORE THAN COVER MORTGAGE AND EXPENSES WITH 25% DOWN! Call helpful Listing Broker for full information on this excellent property.
Property Map
From S Bailey St turn south onto Flora. Units are on the right side. From E Marginal, turn north onto Flora. Units are on the left just past the Eddy St intersection.
Listing # Courtesy of Kathryn J. Buchanan of Windermere Mercer Island. Last Updated: April 16, 2025.
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