1922 Ferry Ave SW Seattle, WA 98116

Sold (20 Days)

$715,000

BED

BATH

4,162

SQFT

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- 4162sqft,4bd,%sbth,MLS#770570

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Description

Rarely found 4 unit apartment building in the heart of the North Admiral, high rent district of West Seattle. 2,081 sq. foot basement offers room to expand (LR3 zoned 6,200 sq. foot lot), coin-op laundry facility and tenant storage. Exposed oak hardwood floors in every unit. Dated, but well maintained with zero vacancy. Long term tenants (14 & 6 years) are given below market rents. Market rate rents of $1,195, $1,150, $1,150 & $1,195 would increase GSI to $56,280 and raise cap rate to 5.6%

MLS #:
770570

Taxes
$6,397(2015)

Lot Size
6,200 SQFT

Type
Multifamily

Year Built
1943

Style
4-Plex

Views
City, Partial

School District
Sea

County
King Co.

Community
North Admiral

Listed By

Craig Roberts, Berkshire Hathaway Hs Nw

Bought with
Cara Mohammadian, Windermere R.E. Wall St. Inc.

Source
Northwest MLS as distributed by MLS Grid
Last checked May 18 2024 at 2:48 PM GMT+0000

Bathroom Details

Subdivision

Wsl&i Cos 2nd Plat

Lot Information

Curbs
Paved Street
Sidewalk

Property Features

Cable Tv
Fenced-Partially
Foundation: Poured Concrete

Heating and Cooling

Forced Air

Flooring

Hardwood
Vinyl
Wall to Wall Carpet

Exterior Features

Wood
Roof: Composition

Utility Information

Utilities: Public
Sewer: Sewer Connected
Energy: Natural Gas

School Information

Elementary School: Lafayette
Middle School: Madison Mid
High School: West Seattle High

Disclaimer: Based on information submitted to the MLS GRID as of 2024 5/18/24 07:48. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.