547 S Sullivan St

Seattle, WA 98108
  • $645,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 1,250

    SqFt

About the Listing 6522 - 120313

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!

Listing Highlights

Status Active
Days on Site 165
Property Type Multi-Family
MLS ® 2432506
Year Built 1905
Total Square Footage 1,250
Lot/Acreage 0.1
County King
Neighborhood South Park
School District Seattle

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Vinyl,Vinyl Plank,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Alley,Curbs,Dead End Street,Paved,Secluded,Sidewalk,Fenced-Fully
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Roof: Composition
  • Others: Cement Planked,Very Good
  • Sewer: Sewer Connected

Financial Details

  • Tax Amount: $4,728
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7883600700
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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  • in Taxes
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% Down Payment
% Mortgage Rate

Questions About..

547 S Sullivan St Seattle, WA 98108

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Originating MLS: nwmls

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