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.
MLS# | 2326656 |
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Listing Type | For Sale |
Style | Town House |
Building Name | WSL&I Cos Replat |
Sub-Type | Resale |
Status | Active |
Year | 1937 |
Days On Site | 10 |
Listing Provided By | Berkshire Hathaway HS NW | Craig R. Roberts |
SQ Feet | 8,705 |
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Story(s) | 2 |
Units | 13 |
Acreage | 0.42 |
Property View | Yes |
State | WA |
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County | King |
City | Seattle |
Zip Code | 98126 |
Area | 140 West Seattle |
Community Name | North Admiral |
School District | West Seattle High |
Elementary School | Lafayette |
Middle School | Madison Mid |
High School | West Seattle High |
Listing VS Median (in North Admiral) | |
Price: $4,600,000 low | high Med: $1,295,000 SqFt: 8,705 low | high Med: 2,140 $ / SqFt: $528 low | high Med: $605 On Site: 10 low | high Med: 557.000000 |