551 S Sullivan Street

Seattle, WA 98108

  • Bed

  • Bath

  • 2760 SqFt

  • 56 DOM

  • Built: 2003

  • Status: Active

$998,900

X

551 S Sullivan Street

Seattle 98108

$998900

  • Bed

  • Bath

  • 2760 SqFt

  • 56 DOM

  • Built: 2003

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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!

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