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2130, -2136 Alki Ave SW, Seattle, WA 98116 (MLS # 1477319)

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Listing provided by RE/MAX Metro Realty, Inc.

PRICE $4,500,000
BEDS 7
BATHS 7 baths
HOME SIZE 7,170 sq ft
LOT SIZE 10,270 sqft

Remodeled 5plex, Triplex & House on Alki's Gold Coast Beachfront! 9 units on 3 LR3M zoned parcels. Develop high end townhomes on 10,270 sq ft site w/ 119' of Alki frontage or collect $210k in rents & let your investment appreciate! Puget Sound & Olympic Mountain Views w/ breathtaking sunsets. Steps to all that Alki Beach has to offer. 2130 (Pinky): 2 bed, 1 bath home & garage. 2132 (Outrigger): Remodeled 5plex. 2136 (Beach House): Triplex w/ large owner's suite. Once in a lifetime opportunity!

DAYS ON MARKET 119 LAST UPDATED 9/10/2019
YEAR BUILT 1908 COMMUNITY Alki
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Seattle

PRICE HISTORY
Prior to Sep 10, '19 $4,650,000
Sep 10, '19 - Today $4,500,000


ADDITIONAL DETAILS
AMENITIES Basement, Coin Op Laundry, See Remarks, Storage
ANNUAL TAXES 26868
APN 0913000045
AREA 140 - West Seattle
BANK/REO OWNED N
BATHROOMS1 1.00, 1.00
BATHROOMS2 1.00, 1.00
BATHROOMS3 2.00, 2.00
BATHROOMS4 1.00, 1.00
BATHROOMS5 1.00, 1.00
BATHROOMS6 1.00, 1.00
BEDROOMS1 1
BEDROOMS2 2
BEDROOMS3 2
BEDROOMS4 2
BEDROOMS5 0
BEDROOMS6 0
BUILDING CONDITION Remodeled
CAP RATE (NOI / LP) 3.36
DISHWASHER1 Y
DISHWASHER2 Y
DISHWASHER3 Y
DISHWASHER4 Y
DISHWASHER5 N
DISHWASHER6 N
ELECRICAL EXPENSES 1200
ENERGY SOURCE Electric, Natural Gas
EXTERIOR Wood
FLOOR COVERING Fir/Softwood, Hardwood, Slate, Wall to Wall Carpet
FORM 17 Provided
FOUNDATION Poured Concrete
GENERAL ZONING Multi-Family
GROSS ADJUSTED INCOME 204282
GROSS RENT MULTIPLIER 22
GROSS SCHEDULED INCOME 210600
HEATING AND COOLING Baseboard, Forced Air, Wall
HEATING EXPENSES 0
HOME OWNER DUES 0
INSURANCE EXPENSES 6000
LEASED ITEMS None
LOT DETAILS Curbs, Sidewalk
LOT DIMENSIONS 119' W x 86' avg D
NET OPERATING INCOME 156214
OFFERS Reviewed on receipt
OTHER EXPENSES 5000
POSSESION Sub. Tenant's Rights
POTENTIAL TERMS Cash Out, Conventional, Owner Financing
PROPERTY TYPE MULT
RANGE/OVEN1 Y
RANGE/OVEN2 Y
RANGE/OVEN3 Y
RANGE/OVEN4 Y
RANGE/OVEN5 Y
RANGE/OVEN6 Y
REFRIGERATOR1 Y
REFRIGERATOR2 Y
REFRIGERATOR3 Y
REFRIGERATOR4 Y
REFRIGERATOR5 Y
REFRIGERATOR6 Y
ROOF Composition
SEWER Sewer Connected
SITE FEATURES Cable TV, Fenced-Partially, Gas Available, Outbuildings, Patio
SQUARE FEET UNIT 1 600
SQUARE FEET UNIT 2 610
SQUARE FEET UNIT 3 1600
SQUARE FEET UNIT 4 1060
SQUARE FEET UNIT 5 500
SQUARE FEET UNIT 6 500
STYLE 55 - 5-9 Units
TAX YEAR 2018
TOTAL EXPENSES 48068
TOTAL MONTHLY INCOME 17550
TOTAL NUMBER OF PARKING SPACES 11
UNITS BELOW GRADE Y
VACANCY RATE 3
VIEW Mountain, Ocean, See Remarks, Sound
WASHER/DRYER1 Y
WASHER/DRYER2 Y
WASHER/DRYER3 Y
WASHER/DRYER4 N
WASHER/DRYER5 N
WASHER/DRYER6 N
WATER COMPANY City of Seattle
WATER SOURCE Public
Listing provided by RE/MAX Metro Realty, Inc.

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2019 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by Team Reba of RE/MAX Metro Realty and should be verified by the buyer.
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ZESTIMATE
2130, -2136 Alki Ave SW, Seattle, WA

RENT ZESTIMATE
$ / mo.  2130, -2136 Alki Ave SW, Seattle, WA

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