MLS #2489998 / Listing provided by NWMLS & Paragon Real Estate Advisors.
$1,400,000
5954 Fauntleroy Way SW
Seattle,
WA
98136
Sq Ft
Per Sq Ft
Year Built
Originally built in 1968, the property has an excellent occupancy history having been fully remodeled throughout. All three units are large 2-bedroom, 1.75-bath units (approximately 1,030 SF each), giving new ownership the opportunity to acquire a stabilized asset with modern finishes in a strong rental location. Each unit is outfitted with new countertops, hardwood-style flooring, updated cabinetry, new fixtures, stainless steel appliances, and full-size washer/dryers. Residents enjoy private decks, storage options, and the convenience of four off-street parking spaces—amenities that help ensure strong tenant demand and long-term retention. With an attractive in-place CAP rate of 5.22% and no immediate renovation needs, the West Seattle Triplex offers investors durable cash flow from day one in a centrally located neighborhood with continued growth potential. Residents enjoy convenient access to major public transportation lines, providing connectivity to Downtown Seattle and surrounding employment centers. West Seattle’s continued popularity and walkability will continue to support strong tenant demand and long-term rent growth.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 0
- Total Uncovered Parking Spaces: 4
Structure
- Roof: Flat
- Exterior Features: Cement/Concrete, Stucco
- Foundation: Poured Concrete
Lot Details
- Acres: 0.101
- Foundation: Poured Concrete
Schools
- High School District: Seattle
Lot Details
- Acres: 0.101
- Foundation: Poured Concrete
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water Source: Public
- Water, Sewer, and Garbage: 3900
Charlie Hawkins Floberg
Office Manager | Managing Broker | REALTOR®
Send Charlie Hawkins Floberg an email