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David & Erin Chamberlin

chamberlinteam@gmail.com +1(425) 870-4010

Listed by Berkshire Hathaway HS NW

$ 4,600,000

Est. payment -/mo

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2515 Belvidere AVE SW Seattle, WA 98126

13 Beds

14 Baths

8,705 SqFt

UPDATED:

02/08/2025 03:17 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,705 sqft

Price per Sqft $528

Subdivision North Admiral

MLS Listing ID 2326656

Style 56 - 10+ Units

Bedrooms 13

Year Built 1937

Annual Tax Amount $32,362

Lot Size 0.422 Acres

Lot Dimensions 85 x 224

Property 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.

Location

State WA

County King

Area 140 - West Seattle

Interior

Interior Features Hardwood, Wall to Wall Carpet

Flooring Hardwood, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood

Amenities Available Cable TV

View Y/N Yes

View Bay, City, Mountain(s), Sound

Roof Type Composition

Building

Lot Description Alley, Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Lafayette

Middle Schools Madison Mid

High Schools West Seattle High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out

Listing Terms Cash Out

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

David & Erin Chamberlin

Agent

+1(425) 870-4010

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David & Erin Chamberlin

2515 Belvidere AVE SW Seattle, WA 98126

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2515 Belvidere AVE SW