2428 SW Alki Avenue W, Seattle, WA 98116

$1,499,950

Listing courtesy of Skyline Properties, Inc..

List Price
$1,499,950
Status
CONTINGENT
MLS#
1803327
Price Change
▼ $200,000 1627616771
Days on Market
72
Style
53 - Tri-plex
Building Condition
Very Good
Area Total SqFt
2030
Lot Size (sq ft)
3,250

Property Description

HUGE $200,000 Price REDUCTION! HOME & INCOME!! POSSIBLE AirBnB! Incredible Opportunity. Sweeping Views Of Puget Sound, Unobstructed Views Of The Snow Capped Olympic Mountains! Blake Island, Vashon Island And Alki Beach With Sunsets One Only Dreams Of. Beach Volleyball Courts, Bike/Walking Paths Just Across The Way. This Gorgeous Custom Contemporary Masterpiece Is Pearched On Seattle's Famous Alki Beach Ave. Surrounded By A Strin First Class Restaurants & Refreshment Stands. This Decadent Tri Plex Located On A Corner Lot Consisting Of 3 Incredible Units, Ample Parking, Garage + 2 Spaces, Wine Cellar, Huge Laundry Room, Big Patio/Lani, & Yard Just off Beach, Bright And Airy. Big Detached Storage/Office, Staged & Ready! TURN KEY READY !

Additional Information

List Date
2021-07-07 00:00:00
Community
Alki
Potential Terms
Cash Out, Conventional
Year Built
1927
Waterfront
Yes
View
Bay, Canal, Mountain(s), Sound, Strait, Territorial
Roof
Flat
Site Features
Cable TV, Deck, Fenced-Fully, Gas Available, Outbuildings, Patio, RV Parking, Shop
Heating/Cooling Type
Baseboard
Electric Expenses
3300
Other Expenses
5880
Energy Source
Electric, Natural Gas
School District
Seattle
Elementary School
Alki
Middle School
Madison Mid
High School
West Seattle High
Total Monthly Income
$5,900
Gross Scheduled Income
$70,800
Vacancy Rate
3
Gross Adjusted Income
$47,894
Tax Year
2021
Insurance Expense
$1,200
W/S/G Expenses
$1,500
Total Expenses
$22,906
Net Operating Income
$45,770
Gross Rent Multiplier
24
Cap Rate
2
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