8118 Delridge Way SW, Seattle, WA 98106

$850,000

Listing courtesy of John L. Scott, Inc..

List Price
$850,000
Status
ACTIVE
MLS#
1787874
Price Change
▲ $50,005 1623272045
Days on Market
7
Style
53 - Tri-plex
Area Total SqFt
2880
Lot Size (sq ft)
4,000

Property Description

ACTUAL CAP RATE OF 5.0% AND POTENTIAL TO ADD 2 ADDITIONAL UNITS! Wonderful investment opportunity in this well managed Duplex in great West Seattle Rental Market! Enjoy great cash flow as is or continue to create significant equity and upside by purchasing together with 8120 and 8116 Delridge and addiing units (buyer to verify with city). Steady tenants and low historical vacancy make this the perfect investment to add to or start a rental portfolio. Seller prefers to sell all three together but open to individual building sales. Please do not drive onto property or disturb tenants.

Additional Information

List Date
2021-06-08 00:00:00
Community
Delridge
Potential Terms
Cash Out, Conventional
Year Built
1990
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Patio
School District
Seattle
Total Monthly Income
$4,360
Tax Year
2020
Total Expenses
$10,897
Cap Rate
5
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