Property Details
2515 Belvidere Avenue SW
Seattle, WA 98126
$4,600,000
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About This Home
ONCE IN A LIFETIME INVESTMENT OPPORTUNITY: Welcome to North Admiral, one of West Settle's premier locations and home to "The Sasonoff 13 Unit Apartment Complex". A combination of four duplexes and a five unit Apartment building on 9 platted lots. Great numbers with an actual annual GSI of $276,660.00. 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's offers decks. There is a one car detached garage owner uses for storage/tools (additional income?) and coin op laundry facilities. 18,362 Sq. feet of NR3 Zoned property. Please call helpful listing agent for access details, showings and financials.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
North Admiral
Listed
Feb 4, 2025
Interior Features
Bathrooms
0.0
Stories
2
Exterior & Lot
Lot Size
0.42 sqft
Year Built
1937
Exterior Materials
Brick, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Corner Lot, Curbs, Paved, Sidewalk
Exterior Features
Brick, Wood
Location
City
Seattle
County
King
Coordinates
47.58136, -122.37969
Schools
School District
Seattle
Elementary School
Lafayette
Middle School
Madison Mid
High School
West Seattle High
Additional Information
Tax Year
2024
Annual Taxes
$32,362
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
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