May was full of success for both investors and home buyers! We’ve put together a snapshot of some of our investing success stories – take a look at a few of this month’s projects that received drastic makeovers and profitable returns!
MADRONA REMODEL
Purchase Price: $615,000
Sold Price: $915,000
Quietly perched up off the street in Madrona, fully updated with new wiring, siding, plumbing, windows, and heating system. Renovated kitchen with all new and modern white shaker cabinets, quartz countertops and stainless steel appliances. Three bedrooms including a master suite on the main floor. Also featuring an additional basement space with separate entry for rental potential!
PICTURE – PERFECT SHORELINE COTTAGE
Purchase Price: $360,000
Sold Price: $653,000
Enjoy privacy in this idyllic cottage nestled down a tree-lined private drive. The perfect blend of historic European flair and brand new appliances. The kitchen features cove ceilings, white shaker cabinets, stainless steel appliances and a quaint eating nook. Upstairs master suite with large closet and ensuite with walk-in shower. Additional detached studio space for office/hobby room/etc. Large backyard with beautiful mature landscaping.
UNIVERSITY DISTRICT RENTAL UNITS
Purchase Price: $1,210,000
Sold Price: $1,400,000
Great investor opportunity! This original craftsman charmer has tons of potential with two bright three bedroom units complete with wood-burning fireplace and kitchen. Also, an additional nonconforming 3rd unit with two bedrooms and kitchen in the basement. Perfect convenient location in University District close to UW and U Village. Property also has five parking spaces and laundry in the basement. Perfect opportunity for a creative investor!
