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West Seattle Rare opportunity. Strong current income. Excellent development potential. $9,200 NNN Income per month! Long Term tenants just signed 5 year lease. Great ROI with significant future potential. NC2-55 Street Improvements completed, neighborhood shows rapid growth and continued development Big upside when West Seattle bridge re-opens.
View full listing detailsPrice: | $1,900,000 |
City: | Seattle |
County: | King |
State: | Washington |
Zip Code: | 98106 |
Subdivision: | West Seattle |
MLS: | 1920712 |
Year Built: | 1932 |
Acres: | 0.101 |
Lot Square Feet: | 0.101 acres |
buildingAreaUnits: | Square Feet |
capRate: | 5.4 |
country: | US |
effectiveYearBuiltSource: | Public Records |
elevationUnits: | Feet |
exteriorFeatures: | Wood |
firstRightOfRefusal: | no |
furnished: | Unfurnished |
grossScheduledIncome: | 110400 |
insuranceExpense: | 3000 |
livingAreaUnits: | Square Feet |
lotSizeSquareFeet: | 4389 |
lotSizeUnits: | Square Feet |
mlsAreaMajor: | 140 - West Seattle |
mlsLotSizeSource: | Realist |
mlsStatus: | Active |
netOperatingIncome: | 102600 |
offers: | Seller intends to review offers upon receipt |
otherExpense: | 3000 |
possession: | Closing |
possibleUse: | Commercial |
preliminaryTitleOrdered: | yes |
propertyCondition: | Good |
roof: | Composition |
saleType: | MLS |
sellerDisclosure: | Provided |
sewer: | Sewer Connected |
showMapLink: | no |
specialListingConditions: | None |
structureType: | Unspecified |
styleCode: | 60 - Comm Bldg Und 10K |
taxAnnualAmount: | 1800 |
topography: | Level |
totalExpenses: | 7800 |
utilities: | Sewer Connected |
waterSource: | Public |
yearBuiltEffective: | 1990 |
zoningClass: | Commercial |
zoningJurisdiction: | City |