2515 Belvidere Ave SW Seattle, WA 98126
Thirteen-unit apartment complex in premier North Admiral location.
Property size:
8,705 SFProperty Features for 2515 Belvidere Ave SW
General Information
- Standard status
- Active
- Size
- 8,705 SF
Building Details
- Year built
- 1937
Source:
Corcoran
Listing Agent: Craig Roberts
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
West Seattle Multifamily Investment Opportunity
Located in the North Admiral neighborhood of West Seattle, the Sasonoff Apartment Complex features thirteen units, comprising four duplexes and a five-unit apartment building. The property has been family-owned and managed for over 40 years. The current annual Gross Scheduled Income (GSI) is $276,600. With annual expenses of $63,860, the property has a capitalization rate of 4.63%. Each of the duplexes includes decks. A one-car detached garage is used for storage. Coin-operated laundry facilities are available. The property is zoned NR3 and has a size of 18,362 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.3795194
- Latitude
- 47.5813548
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Thirteen-unit apartment complex in premier North Admiral location.
Where is this apartment building located?
The property is located at 2515 Belvidere Ave SW Seattle, WA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: - Prime North Admiral location in West Seattle.; - Strong performing asset with a 4.63% capitalization rate.; - Substantial Gross Scheduled Income (GSI) of $276,600.00 annually.