547 S Sullivan Street | Image 1
547 S Sullivan Street | Image 2
547 S Sullivan Street | Image 3
547 S Sullivan Street | Image 4
547 S Sullivan Street | Image 5
547 S Sullivan Street | Image 6
547 S Sullivan Street | Image 7

$645,000

For Sale

6 months ago

MLS® 2432506

0 Bed

0 Bath

--

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $4,728
Days Active 174
Lot Size 0.1033 acres
Approx. Age 1905
MLS® Number 2432506

Property Address: 547 S Sullivan Street, Seattle, WA, 98108

Average square foot calculated using Size range provided by listing agent.

Description

REDUCED RATE as low as 4.99% (APR 5.431%) thru List & Lock Buyer Loan Program! Fully occupied, cash flowing property on a dead-end street that has been redeveloped for fresh neighborhood curb appeal! Longtime tenants love the extra privacy that the detached double cottage provides compared to a traditional shared-wall duplex. The front property is a large 2 bed 1 bath cottage with free parking, fresh paint, newer appliances, and a large living room. The back cottage is a unique 1 bed 1 bath layout with a large central kitchen and living room, completely private free double driveway parking with a heavy duty rolling gate for a completely fenced property. Fantastic opportunity awaits the savvy investor or house hacker w/ this low-risk, income-producing asset. Established rental history and significant upside potential with the automatic 5% rent increase in May 2026 and last lot left to develop. The seller-paid rate buydown reduces the buyer's interest rate and monthly payment. Must use CMG home loans to take advantage of this excellent offer. Terms apply. Rate lock available with full price offer. Seller will be doing a 1031 to purchase a 8plex closer to his residence. Easy to show with 48 hour appt notice!
MLS® Number2432506
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1033
Exterior
GarageNo
Approx. Age1905
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 11, 2025List Date
$645,000List Price
  • Commute

Commute

Starting Address
Destination Address
547 S Sullivan Street, Seattle, WA

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