Bought with Paragon Real Estate Advisors
$2,124,100
$2,150,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
5,274 SqFt
SOLD DATE : 11/16/2021
Key Details
Sold Price $2,124,100
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,274 sqft
Price per Sqft $402
Subdivision Alki
MLS Listing ID 1826937
Sold Date 11/16/21
Style 55 - 5-9 Units
Year Built 1978
Annual Tax Amount $20,693
Lot Size 5,652 Sqft
Property Description
Updated six unit apt building, featuring all large two bedroom units in the desirable Alki neighborhood. This is the ultimate beach rental location with sand beaches, walking, running and bike paths and a variety of restaurants and entertainment for residents to enjoy. The Beach Place Apartments offers larger than average living spaces and convenient access to a variety of outdoor activities which is in high demand as renters are spending more time at home and less time at the office than in the past. An investor can find upside and add value through bringing rents up to market levels, additional interior/exterior renovation and opportunity to add a unit to unused basement space.
Location
State WA
County King
Area 140 - West Seattle
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Cement/Concrete, Wood Products
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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