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.
Side-by-side duplex located in a private park-like setting, just a stones throw from Longfellow Creek & West Seattle Health Club, minutes to the Alaska Junction & close to downtown Seattle. This 3,260 SF duplex features two 2 bd/1 bth units w/ large light-filled living/dining areas, tons of storage, dishwasher, W/D, and a huge bonus room on the 1st floor that can be finished for additional living space. There's tons of potential for a new owner to maximize the bonus rooms & outdoor spaces. Excellent opportunity to live in one unit, while using the rental income from the other unit to help pay the mortgage! 5,100 SF lot zoned LR1 could be a great future development site, as it's close to the proposed Delridge Link Light Rail station.
The Nedra Apartments offers efficient and sought after unit types in well maintained building, almost entirely one-bedroom floorplans with the exception of a single 2-bed unit. Floorplans range from 550 to 800 square feet and offer light value-add opportunity. Nedra features 13 total units, 3 units are fully renovated and 6 are partially renovated, a prospective buyer could choose to renovate the remaining 4 units and increase rental income. The property is located in the Westwood neighborhood of Seattle, known for its multitude of schools, parks, and shopping opportunities, most notably Westwood Village, a landmark local shopping destination positioned just half a mile from Nedra Apartments.
The Rogene Apartments, a distinctive mid-century marblecrete building, has been modernized with a fresh color scheme. Originally from the late 1950s, it features updated 1-bedroom units, luxury carpet, new windows, quartz countertops, new cabinets, stainless steel appliances, tile backsplash, all-new bathrooms, vinyl hardwood flooring, and a new roof (2016). With an estimated 300 SF of underutilized storage ideal for conversion to a studio unit, this low-maintenance property is in Fauntleroy, near Puget Sound and Westwood shopping center, with direct downtown Seattle access via the C-bus line. Future redevelopment possibility with 13,216 SqFt of NC2P-55 upzoned land.
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The median home value in Seattle, WA is $745,000. This is lower than the county median home value of $793,300. The national median home value is $338,100. The average price of homes sold in Seattle, WA is $745,000. Approximately 42.03% of Seattle homes are owned, compared to 50.95% rented, while 7.01% are vacant. Seattle real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Seattle real estate agent to arrange a tour today!
Seattle, Washington 98126 has a population of 726,054. Seattle 98126 is less family-centric than the surrounding county with 26.7% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Seattle, Washington 98126 is $105,391. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Seattle 98126 is 35.3 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 37 degrees. The average rainfall is approximately 38 inches per year, with 4.6 inches of snow per year.