2515 Belvidere Avenue SW
Seattle, WA 98126
8705 sqft | 0.42 acres | #2326656
Description
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
- Lot DescriptionAlley, Corner Lot, Curbs, Paved, Sidewalk
- InteriorHardwood, Wall to Wall Carpet
- ViewBay, City, Mountain(s), Sound
- High SchoolWest Seattle High
- Date ListedFebruary 04, 2025
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Style56 - 10+ Units
- SubdivisionNorth Admiral
- Exterior MaterialsBrick, Wood
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- Middle SchoolMadison Mid
- Original List Price$4,600,000
- Elementary SchoolLafayette
- Property ConditionVery Good
- Exterior FeaturesCable TV
- School DistrictSeattle
- Taxes Annual$32,362
- MLS #2326656
- Cost4600000
- MLS #2326656
- Acres0.4215
- Utility SourcePublic
- Square Feet8705
- Year Built1937
- CountyKing
- Stories2
- Days on Market (Cumulative)6
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-02-07 19:17:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Craig R. Roberts (#NWM812)
Listing Office: Berkshire Hathaway HS NW (#NWM1771)
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