5222 -36 Delridge Way SW, Seattle, WA 98106
- $4,500,000
- 8,682
- SqFt
Listing courtesy of Keller Williams Rlty Bellevue.
- List Price
- $4,500,000
- Status
- ACTIVE
- MLS#
- 2160522
- Days on Market
- 479
- Style
- 56 - 10+ Units
- Finished SqFt
- 8,682
- Area Total SqFt
- 8682
- Annual Tax Ammount
- 26241
- Lot Size (sq ft)
- 4,800
- Sewer
- Sewer Connected
Property Description
PRICE IMPROVEMENT - Attention developers and investors! This is your rare chance to own or develop prime West Seattle real estate. 5 separate parcels fronting Delridge Way SW totaling appx. 23,000 sqft. of flat developable land. Some preliminary feasibility and site plans have been done. Developer terms available. Existing properties include a mix of multifamily units and one SFR. Fix up and hold, land bank, or re-develop the parcel into a great mixed-use or townhouse project. Don't miss this opportunity to create your vision in a great neighborhood!
Additional Information
- List Date
- 2023-01-12 17:31:10
- Community
- Delridge
- Net Operating Income
- $52,529
- Gross Adjusted Income
- $104,184
- Gross Scheduled Income
- $104,184
- Total Monthly Income
- $8,415
- Insurance Expenses
- $7,302
- Water/Sewer/Garbage Expenses
- $8,607
- Gross Rent Multiplier
- 47.99
- Total Expenses
- $51,654
- Cap Rate
- 1
- Vacancy Rate
- 33
- Total Number of Units
- 15
- Unit Name
- 5222 -36
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1966
- View
- See Remarks
- Roof
- Composition
- Electric Expenses
- 581
- Other Expenses
- 8922
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $8,415
- Gross Scheduled Income
- $104,184
- Vacancy Rate
- 33
- Gross Adjusted Income
- $104,184
- Tax Year
- 2022
- Insurance Expense
- $7,302
- W/S/G Expenses
- $8,607
- Total Expenses
- $51,654
- Net Operating Income
- $52,529
- Gross Rent Multiplier
- 47.99
- Cap Rate
- 1
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .