2236 Alki Avenue SW, Seattle, WA 98116
- $2,625,000
- 3,750
- SqFt
Listing courtesy of John L Scott Westwood.
- List Price
- $2,625,000
- Status
- PENDING
- MLS#
- 2198303
- Days on Market
- 39
- Style
- 53 - Tri-plex
- Building Condition
- Fixer
- Finished SqFt
- 3,750
- Area Total SqFt
- 3750
- Annual Tax Ammount
- 17810.52
- Lot Size (sq ft)
- 8,750
- Sewer
- Sewer Connected
- Offer Review Date
- 2024-02-23
Property Description
BUILDER ALERT: This Alki Avenue Triplex in West Seattle offers excellent potential for future re-development. Boasting panoramic Puget Sound & Olympic Mountain views, excellent proximity to the beach & adjacent walking/biking trails, this location does not disappoint. Situated on a generous 8750 sq./ft. lot (70' x 122'), zoned LR3 (M) with additional property access in the back of the building via Bonair Place. Five coveted off-street parking spaces. This prime location provides convenient egress & connectivity to the Admiral District, West Seattle shopping and freeway access. Alki is a vibrant waterfront community and opportunities like this are rare. Call your builder and unlock the possibilities for this property!
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Additional Information
- List Date
- 2024-08-07 12:48:20
- Community
- Alki
- Net Operating Income
- $13,741
- Gross Adjusted Income
- $51,924
- Gross Scheduled Income
- $51,924
- Total Monthly Income
- $4,300
- Insurance Expenses
- $1,985
- Water/Sewer/Garbage Expenses
- $5,739
- Gross Rent Multiplier
- 50.55
- Total Expenses
- $38,182
- Cap Rate
- 0.52
- Total Number of Units
- 3
- Unit Name
- 2236
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1916
- View
- Mountain(s), See Remarks, Sound
- Roof
- Composition
- Site Features
- Fenced-Fully
- Electric Expenses
- 226
- Other Expenses
- 12420
- Energy Source
- Natural Gas
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,300
- Gross Scheduled Income
- $51,924
- Gross Adjusted Income
- $51,924
- Tax Year
- 2023
- Insurance Expense
- $1,985
- W/S/G Expenses
- $5,739
- Total Expenses
- $38,182
- Net Operating Income
- $13,741
- Gross Rent Multiplier
- 50.55
- Cap Rate
- 0.52
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