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2132 Alki Ave SW $2,150,000

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    2132 Alki Ave SW West Seattle, WA 98116

    • 0 Beds
    • 0 Baths
    • 3,060 sq.ft.
    • Multi-Family
    Listing# 1308791 | Pending Feasibility

    $2,150,000

    Market Estimate
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    Days On Market: 189 3 Views
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    Property Details

    Surf’s up on Alki Beach! Remodeled and turnkey, the “Outrigger” is a unique 5plex on Alki’s Gold Coast Beachfront. 4 large studios & a 2 bed, 1 bath apartment with unobstructed Puget Sound and Olympic Mountain Views! Large patio, sunny backyard and 5 parking spots. Coin Op laundry and storage in basement. 40’ of Alki Beach frontage. Offered for sale with 2 contiguous parcels totaling 10,270 sq ft. Add these rentals to your portfolio. Great long term hold with truly unique development potential.

    • General Features
      • County King
      • Style 55-5-9 Units
      • Number of Stories 3
      • Number of Units 5
      • Year Built 1917
      • Lot Dimensions 40x90
      • Lot Details Curbs, Paved Street, Sidewalk
      • Lot Square Footage 3,600
      • Site Features Cable TV, Deck, Fenced-Partially, Patio
      • County1 King
    • Building Features
      • Approx SqFt 3,060
      • Roof Compostion
      • Exterior Wood
      • Amenities Basement, Coin Op Laundry, Storage
      • Floor Covering Ceramic Tile, Fir/Softwood, Hardwood, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $7,785
      • Net Operating Income $70,801
      • Gross Scheduled Income $94,020
      • Gross Adjusted Income $91,199
      • Total Expenses $20,278
      • Other Expenses $2,000
      • Insurance Expenses $2,000
      • Expenses $20,278
      • Heating Expenses $0
      • Electrical Expenses $600
      • Gross Rent Multiplier 24
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $12,198
      • Energy Source Electric
      • Heating and Cooling Baseboard, Wall
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle

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    Neighborhood

    98116 (West Seattle) Demographics

    42Median Age
    8,537Population Density (per sq. mile)
    70%College Educated
    $87,305Estimated Median Income
    6,766Estimated Total Home Owners
    5,094Estimated Total Renters
    57% / 43%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    25,234Total Population

    Market Last 30 Days

    $725,000 Median Sales Price
    31 Homes Sold
    26 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,150,000
        12/13/2018 3:21:30 PM Status Changed Source New Value: Pending Feasibility
        8/23/2018 3:32:31 PM Price Reduced Source New Value: $2,150,000 -4.44%
        6/11/2018 8:34:00 AM New in Database Source New Value: $2,250,000

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        This property search is part of the Berkshire Hathaway HomeServices Northwest Real Estate website. Listing information is courtesy of the WA-NWMLS and Berkshire Hathaway HomeServices Northwest Real Estate. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2018. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.