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.
Soak in jaw-dropping views of Cascades, Lake WA & Arboretum from this expansive, light-filled Capitol Hill gem! With a massive entertaining deck & private entry-level patio, indoor/outdoor living is a dream come true. Possibilities are endless with its versatile setup: upper level boasts 3 beds 2 baths, finished lower level offers 4 more beds, 2 baths, a 2nd kitchen complete with separate entry.
Excellent investment opportunity located on a quiet, dead-end street near Alaska & Morgan Junction amenities, Fairmount Park, & w/easy access to the West Seattle bridge. This well-maintained 4-plex includes 2 bed, 1 bath end-units approx 820 SF, all w/good natural light, functional layouts, a small deck or yard, & in-unit W/D. Enjoy solid income w/the ability to improve operations, renovate on
Newly remodeled 4-plex features major upgrades including a new roof, updated electrical and plumbing systems, and in-unit washer and dryer in each unit. 3 units have been tastefully renovated, while 1 unit remains in its original condition. Over $350,000 in recent upgrades ensure a low-maintenance investment, while the property brings in strong rental income at ~ $9,500/month with ~7.8% cap rate.
Located in the absolute heart of Capitol Hill, this historic fourplex is available for the first time in 25 years. Perched on a 5,400 square foot lot zoned LR1 (M) fronting East Harrison with an alley down the east side, enjoy the current building with potential to add more units on the ample rear yard. One current Airbnb unit would allow for easy owner occupancy in the near term, longer term
All the apartments have in-unit laundry, functional layouts, and complete kitchen appliance packages with dishwashers. The interior finishes blending original elements and simple updates that have been done over time. The future owner can capitalize on this and easily modernize the units cosmetically to increase income potential. The West Emerson Apartments offers a perfect blend of in-city
Unique Triplex with high income potential through Airbnb and long-term furnished rentals. Live in one unit and let the other units generate income. Features include a newer roof, updated flooring, and fresh paint. Unit A boasts a spacious layout with 5 bedrooms, 2 bathrooms, a kitchen, and laundry, plus a noise-buffered floor. Units B & C each have 1 bedroom, a kitchen, and a bathroom; Unit C is
Hard-to-find 4-plex that offers the ideal blend of steady income and future upside. Each of the 4 well-designed units features 2 bedrooms and 1 bath. The lower-level units enjoy direct garden access, while the upper units boast high ceilings, skylights, and private patios. 4 dedicated parking spaces and a brand-new roof. Well-maintained with an effective build year of 1992. Prime location—just a
Located in the up and coming neighborhood north of Green Lake. This offering contains 6 spacious apartments, including two, 2-story townhouse style units. The units contain washer/dryers and various other updates. The basement contains a secure parking garage with one space per unit. Located less than 2-blocks from major transit, near Green Lake, as well as Northgate shopping center and light
Great Seattle 4-Plex opportunity with a tremendous upside. Two 2-bd, 1-bath flats and two 2-bed, 1.5bath two floor units and a shared laundry room for the building. Current tenants are awesome. All but one has been with us long term. Seller is providing a Pre-List inspection for buyer to review...Seller to make no repairs. Property priced to reflect needed repairs and cosmetic maintenance. The
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Average Value
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List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Purchase History
Date
Buyer
Sale Price
Title Company
Li Rick
$1,350,000
Rainier Title
Awad Ashraf
$250,500
Stewart Title
Atteberry Malcolm E
$85,950
Commonwealth Land Title Ins
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Li Rick
$1,012,500
Previous Owner
Awad Ashraf
$370,000
Previous Owner
Awad Ashraf Y
$406,000
Previous Owner
Awad Ashraf
$50,050
Previous Owner
Awad Ashraf
$175,350
Previous Owner
Atteberry Malcolm E
$85,838
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
01/05/202201/05/22
Sold
$1,350,000
-3.6%
$307 / Sq Ft
07/26/202107/26/21
Pending
--
--
--
06/08/202106/08/21
For Sale
$1,399,950
--
$318 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
This home is located at 8120 Delridge Way SW, Seattle, WA 98106 since 08 June 2021 and is currently estimated at $1,414,919, approximately $321 per square foot. This property was built in 1926. 8120 Delridge Way SW is a home located in King County with nearby schools including Highland Park Elementary School, Denny Middle School, and Chief Sealth High School.
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