Property Details

2515 Belvidere Ave SW

Seattle, WA 98126

$4,600,000

Off Market

CBA# 692341 courtesy of CBA Listing firm: Berkshire Hathaway HomeServices Northwest Real Estate

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Commercial

Property Type

8,705

Bldg Sq Ft

Units

1937

Year Built

Property Overview

ONCE IN A LIFETIME INVESTMENT OPPORTUNITY: Welcome to North Admiral, one of West Seattle's premier locations and home to the Sasonoff 13 Unit Apartment Complex. A combination of four duplexes and a five unit Apartment Building. Great numbers with a currant annual GSI of $276,600.00. With $63,860 in annual expenses (23%) this is a true performing 4.63% capitalization Rate. Family owned and well managed for over 40 years. Each of the three Duplex' offers decks. There is a one car detached garage (owner uses for storage) for extra income and coin op laundry facilities (income not included in GSI). 18,362 Sq. feet of NR3 zoned property. Please call helpful listing agent for details, showings and financials.