2136 Alki Ave SW, Seattle, WA 98116

$1,450,000
2,810
SqFt
List Price
$1,450,000
Status
ACTIVE
MLS#
1517695
Days on Market
10
Style
53 - Tri-plex
Building Condition
['Remodeled']
Finished SqFt
2,810
Lot Size (sq ft)
3,520

Property Description

Large Alki Beachfront Triplex with 2 story owner's suite! LR3 M zoned lot with unobstructed Puget Sound and Olympic Mountain Views. 44' of beach frontage on Alki's Gold Coast. One 2 story 2 bed, 2 bath unit with covered front porch. One 1 bed + den, 1 bath unit and one 1 bed, 1 bath unit in basement. 4 parking spots, detached storage shed. All units have been updated and have their own laundry. Excellent owner occupant purchase or cash flow investment. Just steps to all that Alki has to offer.

Additional Information

List Date
2019-09-11 00:00:00
Community
Alki
Property Type
MULT
Units
3
Stories
3
Potential Terms
Cash Out, Conventional
Year Built
1917
Total Parking
3
Uncovered Parking
3
View
Mountain, See Remarks, Sound
Exterior
Wood
Roof
Composition
Site Features
Fenced-Partially, Gas Available, Outbuildings
Lot Details
Paved Street, Sidewalk
School District
Seattle
Total Monthly Income
$6,290
Gross Scheduled Income
$75,480
Vacancy Rate
3
Gross Adjusted Income
$73,215
Annual Taxes
$7,703
Tax Year
2018
Insurance Expense
$2,000
W/S/G Expenses
$3,600
Total Expenses
$15,403
Net Operating Income
$57,812
Gross Rent Multiplier
19
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
2.00
Unit 1 Size
1600
Unit 1 Rent
$2,995
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
610
Unit 2 Rent
$1,800
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
600
Unit 3 Rent
$1,495

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of NWMLS / RE/MAX Metro Realty, Inc.

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