2452 Alki Ave SW - Multi-Family FOR SALE


Seattle, WA 98116- Alki
$4,496,000 USD
206-706-4336
2452 Alki Ave SW, Seattle, WA for Sale
$4,496,000 USD
Multi-Family - FOR SALE
1/15
null | 4.4% Cap Rate

2452 Alki Ave SW
Seattle, WA 98116
Alki


OVERVIEW

Alki Beach | Capturing the Pacific Northwest Lifestyle at Its Best Historic 1928 brick apartment building featuring 12 one-bedroom units, each approximately 825 square feet. Residents enjoy beautiful Puget Sound and Olympic Mountain unobstructed views in one of Seattle's most iconic waterfront neighborhoods. The Alki Trail provides approximately 2.5 miles of waterfront recreation, perfect for walking, jogging, biking and rollerblading, while the beach offers opportunities for volleyball, relaxing by the water and gathering with friends around the fire pits on summer evenings. Restaurants, neighborhood amenities and public transportation are all close at hand. This is much more than an investment opportunity. It is an opportunity to own a distinctive property in one of Seattle's most beloved and enduring neighborhoods — combining established multifamily income with the exceptional lifestyle appeal of Alki Beach.

FOR SALE DETAILS

PRICE

$4,496,000 USD

PRICE/SF

$344 USD /SF

# OF UNITS

12

PRICE/UNIT

$374,667

CAP RATE

4.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,694 SF

ZONING

LR2 (M)

APN/PARCEL ID

637200-0080

ASK ABOUT THIS PROPERTY

Linda DorganJohn L. Scott, IncMore Info
206-706-4336

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Linda DorganJohn L. Scott, IncMore Info
206-706-4336

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.