Seattle Sound View, Income Opportunity + Future Development, 9 units in West Seattle,captivating view of the Puget Sound&Downtown Seattle Skyline.Future appreciation. Professionally managed. Market Cap Rate 5.1%,The Bayview is situated on a LR3 zoned lot within an urban village. Potential to be redeveloped into 24 apartments or 9 townhomes. Feasibility Study Complete,Walking Distance to shopping,Beach,Restaurants,City Bus, Ferry,Long term tenants, Low Maintenance,Low Vacancy Rate In area.
Listing courtesy of NWMLS / Sterling, Johnston & Assoc
Last checked:
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Last updated May 20, 2023
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MLS# 1041257 —
The Building
Year Built:
1953
Year Built:
1976
Year Built Source:
Public Records
New Construction:
false
Structure Type:
Multi Family
Exterior Features:
See Remarks
Roof:
Composition
Units In Building Total:
9
Foundation Details:
Poured Concrete
Number Of Units Total:
9
Stories Total:
2
Building Area Total:
5208
Building Area Units:
Square Feet
Calculated Square Footage:
5208
Interior
Furnished:
Unfurnished
Flooring:
Laminate
Fireplace:
false
Financial & Terms
Possession:
Closing,Tenant's Rights
Buyer Financing:
Conventional
Location
Latitude:
47.586124
Longitude:
-122.385538
Unit Number:
1-9
Directions:
Take I-5 S to SW Admiral Way in Seattle. Take the Admiral Way exit from West Seattle Bridge
Continue on SW Admiral Way. Drive to Ferry Ave SW,turn Right, building on Right.
The Property
Property Type:
Residential Income
Property Sub Type:
Multi-Family
Property Condition:
Good
Parcel Number:
9274203805
Lot Number:
5,6,7
Lot Features:
Paved
Lot Size Units:
Square Feet
Lot Size Acres:
0.2195
Lot Size Square Feet:
9563
Lot Size Source:
realist
Zoning Class:
Multi-Family
Electric On Property:
false
View:
Bay,City,Mountain(s),Sound,Territorial
View:
true
Waterfront:
false
Possible Use:
Multi-Family
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(425) 285-1324
Office phone:
(425) 285-1324
Taxes
TaxYear:
2017
Tax Annual Amount:
13143
The Listing
Special Listing Conditions:
None
Heating & Cooling
Heating Cooling Type:
Hot Water Recirc Pump
Utilities
Utilities:
Cable Connected,Sewer Connected,Oil
Water Company:
City Of Seattle
Water Source:
Public
Sewer:
Sewer Connected
Sewer Company:
City Of Seattle
Power Company:
City Of Seattle
Water Sewer Garbage:
14010
Schools
Elementary School:
Lafayette
Middle Or Junior School:
Madison Mid
High School:
West Seattle High
High School District:
Seattle
The Community
Subdivision Name:
Admiral
Amenities:
Coin Op Laundry,Storage
Parking
Parking Total:
8
Parking Uncovered Spaces:
8
Open Parking:
true
Open Parking Spaces:
8
Carport:
false
Listing courtesy of NWMLS / Sterling, Johnston & Assoc
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date
Event
Source
Price
% Change
4/17/23
Apr 17, 2023
Relisted
NWMLS
3/13/23
Mar 13, 2023
Pending
NWMLS
3/1/23
Mar 1, 2023
Relisted
NWMLS
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No additional history available
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Multifamily
Sold
on 12/9/2016
$1,800,000
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Listing courtesy of NWMLS / Sterling, Johnston & Assoc
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by Sterling, Johnston & Assoc and should be verified by the buyer.