551 S Sullivan Street Seattle, WA 98108
551 S Sullivan Street
Seattle, WA 98108
$998,900
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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!
Property Features
Community: South Park
Tri-plex
View: Territorial
Fenced-Partially
High Speed Internet
Exterior: Cement Planked
Roof: Composition
Year Built: 2003
2025 Taxes: $6664.00
Buyer Broker Comp.: 2%
Listing #: 2432505
Lot Details
Lot Size: 0.10 acres
Adjacent to Public Land
Alley
Corner Lot
Curbs
Dead End Street
Paved
Secluded
Sidewalk
No. of Units: 3
Interior
Cooling: None
Heating: Wall Unit(s), Forced Air
Electric
Natural Gas
Call or Email:
Grace Wamwere
What's Near 551 S Sullivan Street Seattle, WA 98108?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
DMCA Notice 
Courtesy of Inspire Realty
