$2,100,000
For Sale

22506 7th Avenue S

Des Moines, WA 98198
6030 sqft | 0.34 acres | #2299840
Listing OfficeParagon Real Estate Advisors
Browse 32 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Built in 1939 in a charming Spanish architectural style, the Vista Del Mar is prominently positioned on a 15,000 SqFt corner lot just blocks from water right in the heart of the Des Moines Marina District. The property consists of two buildings with a mix of efficient studio, one-bedroom and two-bedroom apartments. Common area amenities include off-street parking with 12+ stalls, an outdoor seating/gathering space and a common laundry room. The property also has a large garage space that is being used as a workshop and extra storage space currently. The property offers significant income upside in the current condition and value-add opportunity through renovation and repurposing of the underutilized space.

  • Property Details
      • SubdivisionDes Moines Waterfront
      • Date ListedOctober 09, 2024
      • Sewer InformationSewer Connected
      • Style56 - 10+ Units
      • Exterior MaterialsStucco, Wood
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • Original List Price$2,100,000
      • School DistrictHighline
      • Taxes Annual$22,127
      • MLS #2299840
      • Cost2100000
      • MLS #2299840
      • Acres0.3444
      • Square Feet6030
      • Year Built1939
      • CountyKing
      • Days on Market (Cumulative)74
      • Stories2
Heather Blacksmith
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 98198