547 S Sullivan Street Seattle, WA 98108
547 S Sullivan Street
Seattle, WA 98108
$645,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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!
Property Features
Community: South Park
Duplex
View: Territorial
Fenced-Fully
Exterior: Cement Planked
Roof: Composition
Year Built: 1905
2025 Taxes: $4728.00
Buyer Broker Comp.: 2%
Listing #: 2432506
Lot Details
Lot Size: 0.10 acres
Alley
Curbs
Dead End Street
Paved
Secluded
Sidewalk
No. of Units: 2
Interior
Cooling: None
Heating: Wall Unit(s)
Electric
Natural Gas
Call or Email:
Grace Wamwere
What's Near 547 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.
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