Othello Park Bungalow

Seattle, WA

*Not actual property photo. Used to show design intent.

Available Equity

FUNDED

Remaining Equity

FUNDED

Purchased to Value

48%

Projected Return

28%

Othello Park Seattle home kitchen design

*Not actual property photo. Used to show design intent.

Othello Park Seattle home bedroom design

*Not actual property photo. Used to show design intent.

Othello Park Seattle bathroom design inspiration

*Not actual property photo. Used to show design intent.

Property Summary

Just south of the burgeoning Columbia City and lesser-known but blossoming Hillman City, Brighton is mostly under the radar. Many call it simply South Seattle or Rainier Valley, or — increasingly — Othello, after the grassy, tree-filled, 7.6-acre Othello Playground, and the light-rail stop between South Othello and South Myrtle streets.

This diverse neighborhood received a transformative development after the Link light-rail station at Othello Street was completed in 2009. It now allows riders to get to downtown’s Westlake Center station in 21 minutes and to Sea-Tac Airport in 15. A modern 325 unit apartment complex, The Station at Othello Park, built shortly after the light rail features retail shops and restaurants. Comprised of small to moderate sized homes- great for a starter family or for singles of all walks of life- this neighborhood is priced just right. Between the school, the park, the light-rail station, and diverse restaurants, Brighton crosses every base that being a great neighborhood requires.

 

Transformation

This property began as a 600 sqft 2 bdrm 1 bath 1950’s house with an illegal 300+ sqft addition poorly slapped on in the rear. We tore off the illegal addition and completely redesigned this home to now include 3 bdrms, 2 baths, ending at around 1200 fully permitted sqft. The new floor plan includes an open kitchen layout w dining room and entertaining bar, a newly designed master bedroom with en-suite, and a much needed laundry room.

The yard will be landscaped and privacy fenced, a new brick terrace has been added to the backyard that will include a hot tub and area for BBQ grill. The exterior color is a beautiful yellow; it’s a true Seattle bungalow that will be perfect as a starter home for any lucky Seattleite buyer.

Reserve your equity!

3 + 10 =

Property Facts

Bedrooms: 3
Bathrooms: 2
Home SF: 1,200
Lot SF: 3,210

At a Glance

Acquisition:

$225,000.00

Improvements:

$115,000.00

Sale:

$465,000.00

Projected Net Profit:

$32,000.00

 

Progress Photos

Pin It on Pinterest

Share This