Pending

$2,325,000

0 Beds 0 Baths 5,164 SQFT 0.17 Acres

Type: Pending

3046 SW Avalon Way
Seattle, WA 98126

MLS#: 2348766

Presented by: Paragon Real Estate Advisors and NWMLS

Property Description

West 9 is a fully renovated and turnkey 9 Unit apt building, well located at the gateway to West Seattle. This vibrant area offers excellent access to all the distinctive and exciting features of West Seattle, while remaining just a short distance from Downtown Seattle and other city attractions. All 1/1 units with W/D and a private patio or balcony. Unit updates include new flooring, cabinets, quartz counters, stainless steel appliances and fixtures. Exterior updates include new exterior paint, windows/sliders, frosted balcony panels, landscaping, signage, secure cluster mailbox. Excellent opportunity to purchase a fully stabilized asset with income upside and future redevelopment potential in a highly sought-after Seattle neighborhood.

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo

Fireplace Y/NNo

Heating Y/NYes

Power Production TypeElectric

Total Fireplaces0

Total Stories3

General

Building Area Units0 sqft

Cap Rate5.83

Carport Spaces0

Carport Y/NNo

CitySeattle

CoolingNone

CountyKing

DirectionsFrom I5 take the West Seattle Bridge exit. Take the Harbor Ave SW Exit. Merge onto SW Spokane st. Left on SW Avalon way. Property is on the right.

Electric Expense0

Fuel Expense0

HOANo

HOA Fee$0

HeatingBaseboard

High School DistrictSeattle

Insurance Expense4206

Leasable Area5,164 sqft

Listing TermsCash Out

Living Area0 sqft

Lot Size Square Feet7,200 sqft

Lot Size UnitsSquare Feet

MLS Area140 - West Seattle

NWM_ShowMapLinkY

Net Operating Income135501

New ConstructionNo

Number Of Units Total9

Open Parking Spaces9

PossessionClosing, Subject to Tenant Rights

Possible UseMulti-Family

Property Style55 - 5-9 Units

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksWest 9 is a fully renovated and turnkey 9 Unit apt building, well located at the gateway to West Seattle. This vibrant area offers excellent access to all the distinctive and exciting features of West

RoofComposition

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusPending

StatusPending Inspection

Structure TypeMulti Family

Subdivision NameWest Seattle

Tax Annual Amount$18,523

Tax Year2025

Units Below Gradefalse

Units In Building Total9

ViewCity, Sound

Water Sewer Garbage12281

Year Built1978

Zoning DescriptionMulti-Family

Exterior

Building Area Total5,164 sqft

Covered Spaces0

Exterior AmenitiesStucco

Foundation DetailsPoured Concrete

Irrigation Water Rights Y/NNo

Lot Size Acres0.1653

Parking Uncovered Spaces9

Total Parking9

Waterfront Y/NNo

Additional Details

Price History

Schools

High School N/A

Elementary School N/A

Middle School N/A

Similar Properties

$2,325,000

0 Beds 0 Baths 5,164 SQFT 0.17 Acres

Type: Pending

3046 SW Avalon Way
Seattle, WA 98126

MLS#: 2348766

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Property

$2,325,000

3046 SW Avalon WaySeattle, WA 98126

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$2,325,000

3046 SW Avalon WaySeattle, WA 98126

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3046 SW Avalon Way
Seattle, WA 98126

3046 SW Avalon Way
Seattle, WA 98126