2371 48th Ave SW

    Seattle, WA 98116
    • $1,800,000
    • STATUS: Active
    • ON SITE: 139 days
    • ID#: 1390148
    $1,800,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,620
      SQFT
    • $687
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of John L. Scott Westwood.

    Description

    2 side x side retro mid-century triplexes. 6 units 2365 & 2371 48th SW, 2 more contiguous triplexes available, listing No. 1389930 North Admiral near Alki and Junction. Some units have LVT floors, Quartz Counter. All have fresh paint, original birch cabinets & tiles. 4 buildings available on 9 lots. Potential to build up to 21 units. Meticulously maintained, with updates and mid-century style. All units are non-smoking, with DW, Micro, Self-Clean Range and coin laundry, huge storage rooms

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-23T00:16:56.55.

    www.kimberlygartlandgroup.com/homes/89832670

    2371 48th Ave SW Seattle, WA 98116

    • Price: $1,800,000
    • Status: Active
    • ID#: 1390148
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    2,620
    SQFT
    $687
    $/SQFT
    1959
    Built
    Neighborhood:
    Admiral
    County:
    King
    Area:
    West Seattle
    School District:
    Seattle
    Property Description
    2 side x side retro mid-century triplexes. 6 units 2365 & 2371 48th SW, 2 more contiguous triplexes available, listing No. 1389930 North Admiral near Alki and Junction. Some units have LVT floors, Quartz Counter. All have fresh paint, original birch cabinets & tiles. 4 buildings available on 9 lots. Potential to build up to 21 units. Meticulously maintained, with updates and mid-century style. All units are non-smoking, with DW, Micro, Self-Clean Range and coin laundry, huge storage rooms
    Exterior Features

    Building Condition Very Good Carport Spaces 0 Exterior BrickWood Foundation Poured Concrete Garage Spaces 0 Lot Details Corner LotCurbsPaved StreetSidewalk Lot Dimensions (56 X 99)X2 Roof Built-UpComposition Stories In Building 2 Style 53 - Tri-plex Total Parking Spaces 6 Uncovered Spaces 6

    Interior Features

    Floor Covering Laminate HardwoodVinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 730 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 590 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 730 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 730 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 590 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 730 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Coin Op LaundryStorage Bank Owned No Cap Rate 5.00 Electrical Expenses 986 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 112380 Gross Rent Multiplier 16 Gross Scheduled Income 112380 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1706 Leased Items Washer/DryerNone Lot Number 1-5 Net Operating Income 88652 New Construction YN No Other Expenses 0 Possession ClosingSub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 13180 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 23728 Total Expenses TEX 23728 Total Monthly Income 9365 Unit1 Monthly Rent 1790 Unit2 Monthly Rent 1220 Unit3 Monthly Rent 1600 Unit4 Monthly Rent 1525 Unit5 Monthly Rent 1490 Unit6 Monthly Rent 1650 Vacancy Rate 0 Water Sewer Garbage 7856 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Kimberly Gartland Group - Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-23T00:16:56.55.

     
    Kimberly Gartland Group - Keller Williams Realty
    5263 Olympic Drive NW, Suite B
    Gig Harbor WA, 98335
    Listing Courtesy of John L. Scott Westwood.