Bought with Westlake Associates, Inc.
$2,325,000
$2,500,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
6,414 SqFt
SOLD DATE : 05/01/2019
Key Details
Sold Price $2,325,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,414 sqft
Price per Sqft $362
Subdivision North Admiral
MLS Listing ID 1378091
Sold Date 05/01/19
Style 55 - 5-9 Units
Year Built 1928
Annual Tax Amount $16,671
Lot Size 0.287 Acres
Property Description
REDEVELOPMENT POTENTIAL ABOUNDS
• 13 Unit Townhome Site
• 14+ Unit Condo or Apartment Site
• 12,500 square foot corner lot
• LR3-RC Zoning
• 125' x 100'
• Potential View Units with Rooftop Deck
CLASSIC EXISTING 9 UNIT WITH IMMEDIATE UPSIDE
• Anhalt-Style trophy building
• Ability to significantly increase NOI
• Cash Flow to off-set holding costs
• 6 Parking Garages
Location
State WA
County King
Area 140 - West Seattle
Interior
Interior Features Radiator, Hardwood
Flooring Hardwood
Fireplace false
Exterior
Exterior Feature Brick, Wood
Utilities Available Natural Gas Connected
View Y/N No
Roof Type Composition
Building
Sewer Available
New Construction No
Schools
School District Seattle
Others
Acceptable Financing Cash Out
Listing Terms Cash Out
Read Less Info
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