2515 Belvidere Avenue SW -2120 Seattle WA 98126 MLS #NWM2326656

Listing Provided Courtesy of Berkshire Hathaway HS NW
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

Price:
$4,600,000
MLS #:
NWM2326656
Status:
Active
Beds:
0
Baths:
0
Address:
2515 Belvidere Avenue SW -2120
Type:
Multi Family
Subtype:
Multi-Family
Subdivision:
North Admiral
Neighborhood:
140 – West Seattle
City:
Seattle
Listed Date:
Feb 4, 2025
State:
WA
Finished Sq Ft:
8,705
Total Sq Ft:
8,705
ZIP:
98126
Lot Size:
18,362 sqft / 0.42 acres (approx)
Year Built:
1937
Units:
13

Schools

School District:
Seattle
Elementary School:
Lafayette
Middle School:
Madison Mid
High School:
West Seattle High

Interior

Cooling
None
Flooring
Hardwood, Vinyl, Carpet
Heating
Baseboard

Exterior

Exterior Features
Brick, Wood
Parking Spots
16
Roof
Composition

Financial

Net Operating Income
$212,800
Tax Year
2024
Taxes
$32,362

Map

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2515 Belvidere Avenue SW -2120
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