1760 Alki Avenue SW, Seattle, WA 98116

$1,685,000
3,730
SqFt

Listing courtesy of Berkshire Hathaway HS NW. Selling Office: Liberty Real Estate, LLC.

Sold Price
$1,685,000
List Price
$1,795,000
Status
SOLD
MLS#
1669138
Closing Date
Mar 15, 2021
Days on Market
107
Style
53 - Tri-plex
Building Condition
Very Good
Finished SqFt
3,730
Area Total SqFt
3730
Annual Tax Ammount
13839
Lot Size (sq ft)
3,680
Sewer
Sewer Connected

Property Description

SWEEPING UNOBSTRUCTED VIEW!!!! Rare Alki Triplex on legendary Alki Ave. Fantastic 3 unit Apt. Bldg, with sweeping views of Puget Sound, Olympic Mtns, shipping traffic and so much more. Upper units offer 3 bdrms, 1 1/2 baths, fireplace, washer/dryer in unit and expansive view decks with2 car garage (one for each of the upper two units). 2 bdrm, 1 bath unit on main with extra storage. Tandem parking (3 for each 3 bdrm. unit) in elongated driveway plus garage. Ideal "Owners" unit with income.

Additional Information

List Date
2020-11-28 00:00:00
Community
Alki
Net Operating Income
$78,000
Gross Adjusted Income
$99,000
Gross Scheduled Income
$99,000
Total Monthly Income
$8,250
Insurance Expenses
$1,382
Water/Sewer/Garbage Expenses
$4,579
Gross Rent Multiplier
18
Total Expenses
$21,000
Cap Rate
4.34
Total Number of Units
3
Unit Name
1760
Potential Terms
Cash Out, Conventional
Year Built
1964
View
Bay, Mountain(s), See Remarks, Sound
Roof
Composition
Site Features
Cable TV, Deck
Other Expenses
1200
Energy Source
Electric
School District
Seattle
Elementary School
Alki
Middle School
Madison Mid
High School
West Seattle High
Total Monthly Income
$8,250
Gross Scheduled Income
$99,000
Gross Adjusted Income
$99,000
Tax Year
2020
Insurance Expense
$1,382
W/S/G Expenses
$4,579
Total Expenses
$21,000
Net Operating Income
$78,000
Gross Rent Multiplier
18
Cap Rate
4.34
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