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About the Listing 6522 - 120313
New Price, $10000 Buyer Bonus, Motivated Seller! Step into an exceptional income-producing property that blends comfortable living w/ cash flow. Current annual income is over $86,000 w/planned rent increase May 2026. This 2003 building is well-maintained, fully-fenced, & just minutes from the vibrant hubs of Georgetown & SoDo. It comprises of 3 units, 7 beds & 3 baths across 2,760 SF making it perfect for owner-occupant living while generating significant rental income. Main building hosts 2 spacious, identical 3-bedroom light-filled flats, updated finishes, & plus charming 1-bed cottage (DADU). This property ensures peace of mind w/ newer systems, ample off-street parking, & extra upside via redevelopment. Don’t wait to secure this one!
Listing Highlights
Status
Active
Days on Site
65
Property Type
Multi-Family
MLS ®
2432505
Year Built
2003
Total Square Footage
2,760
Lot/Acreage
0.1
Interior Details
- Bedrooms: 7
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Ceramic Tile,Vinyl,Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Adjacent to Public Land,Alley,Corner Lot,Curbs,Dead End Street,Paved,Secluded,Sidewalk,Fenced-Partially,High Speed Internet
- Garage Capacity: N/A
- Parking Spaces: 3
- Roof: Composition
- Others: Cement Planked,Updated/Remodeled
- Sewer: Sewer Connected
Financial Details
- Tax Amount: $7,477
- Taxes w/Assessments: N/A
- Tax/Property ID: 7883600710
- Tax Year: 2025
Payment Calculator
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Questions About..
551 S Sullivan St Seattle, WA 98108
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