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8120 Delridge Way SW

Seattle, WA 98106
  • $1,399,950
  • STATUS: Pending
  • ON SITE: 133 Days
  • ID#: 1787913
Under Contract
UPDATED: 62 min ago
$1,399,950
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,400
    SQFT
  • $318
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1926
County:
Area:

School Ratings & Info

School District:
Listing Courtesy of John L. Scott, Inc..

Description

ACTUAL CAP RATE OF 5.2% 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 8118 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.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-21T22:15:41.65.

www.alchemyre.com/homes/118041435
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8120 Delridge Way SW Seattle, WA 98106

  • Price: $1,399,950
  • Status: Pending
  • Updated: 62 min ago
  • ID#: 1787913
0
Beds
0
Baths
0
½ Baths
0.14
Acres
4,400
SQFT
$318
$/SQFT
1926
Built
Neighborhood:
Delridge
County:
King
Area:
West Seattle
School District:
Seattle
Property Description
ACTUAL CAP RATE OF 5.2% 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 8118 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.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 2 Exterior Features Wood Lot Features CurbsPavedSidewalk Open Parking Spaces 1 Open Parking YN Yes Parking Total 3 Parking Uncovered Spaces 1 Roof Composition Structure Type Triplex Style Code 53 - Tri-Plex View Territorial View YN Yes Waterfront YN No

Interior Features

Building Area Total 4400 Fireplace YN No Flooring SoftwoodVinylCarpet Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Storage Electric On Property YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 74639 New Construction YN No Possession Closing Possible Use Multi-Family Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Site Features Cable TvFenced-Partially Special Listing Conditions None Tax Annual Amount 6877 Tax Year 2020 Units In Building Total 3 Utilities Cable ConnectedSewer ConnectedElectricity Available Water Source Public Zoning Class Multi-Family

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Alchemy Real Estate and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-21T22:15:41.65.

 
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Alchemy Real Estate
2921 Eastlake Ave E
Seattle WA, 98102
Listing Courtesy of John L. Scott, Inc..