22506 7th Avenue S Des Moines, WA 98198
Listing Courtesy of: Northwest MLS / Paragon Real Estate Advisors

  22506 7th Avenue S Des Moines, WA 98198

Active (13 Days)
$2,100,000

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.

MLS #:
2299840
Taxes
$22,127(2024)
Lot Size
0.34 acres
Type
Multifamily
Year Built
1939
Style
10+ Units
School District
Highline
County
King County
Community
Des Moines Waterfront

Listed By

Ryan Iles, Paragon Real Estate Advisors
Source
Northwest MLS as distributed by MLS Grid
Last checked Oct 22 2024 at 8:52 AM GMT+0000
Bathroom Details
Subdivision
  • Des Moines Waterfront
Property Features
  • Fireplace: 0
Heating and Cooling
  • Wall Unit(s)
Exterior Features
  • Wood
  • Stucco
  • Roof: Tile
  • Roof: Flat
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 2024 10/22/24 01:52. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.