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    8120 Delridge Way SW

    Seattle, WA 98106
    • $1,399,950
    • STATUS: Pending
    • ON SITE: 50 days
    • MLS #: 1787913
    UPDATED: 39 min ago
    $1,399,950
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of John L. Scott, Inc..

    Description

    ACTUAL CAP RATE OF 5.2% AND POTENTIAL TO ADD 2 ADDITIONAL UNITS! Wonderful investment opportunity in this well managed Duplex in great West Seattle Rental Market! Enjoy great cash flow as is or continue to create significant equity and upside by purchasing together with 8118 and 8116! Delridge and addiing units (buyer to verify with city). Steady tenants and low historical vacancy make this the perfect investment to add to or start a rental portfolio. Seller prefers to sell all three together but open to individual building sales. Please do not drive onto property or disturb tenants.

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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 Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-30T13:14:54.15.

    www.communityrealestategroup.com/homes/118041435
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    8120 Delridge Way SW Seattle, WA 98106

    • Price: $1,399,950
    • Status: Pending
    • Updated: 39 min ago
    • MLS #: 1787913
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1926
    Built
    Neighborhood:
    Delridge
    County:
    King
    Area:
    West Seattle
    School District:
    Seattle
    Property Description
    ACTUAL CAP RATE OF 5.2% AND POTENTIAL TO ADD 2 ADDITIONAL UNITS! Wonderful investment opportunity in this well managed Duplex in great West Seattle Rental Market! Enjoy great cash flow as is or continue to create significant equity and upside by purchasing together with 8118 and 8116! Delridge and addiing units (buyer to verify with city). Steady tenants and low historical vacancy make this the perfect investment to add to or start a rental portfolio. Seller prefers to sell all three together but open to individual building sales. Please do not drive onto property or disturb tenants.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 2 Exterior Features Wood Lot Features CurbsPavedSidewalk Open Parking Spaces 1 Open Parking YN Yes Parking Total 3 Parking Uncovered Spaces 1 Roof Composition Structure Type Triplex Style Code 53 - Tri-Plex View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Flooring SoftwoodVinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 90600 Insurance Expense 915 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 74639 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvFenced-Partially Special Listing Conditions None Tax Annual Amount 6877 Tax Year 2020 Total Expenses 11431 Units In Building Total 3 Utilities Cable ConnectedSewer ConnectedElectricity Available Water Sewer Garbage 3639 Water Source Public Zoning Class Multi-Family

    Listing information © 2021 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 Keller Williams Tri-Cities 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 Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-30T13:14:54.15.

     
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    Keller Williams Tri-Cities
    4390 W Van Giesen
    West Richland WA, 99353
    Listing Courtesy of John L. Scott, Inc..