2633 & 2637 58th Ave SW

Seattle, WA 98116 View Map $1,500,000 Schedule a Tour
Sq.Ft.1,590
Year1925

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Listing Office

Office:Wilcox Real Estate
Status: Pending
Property Type:Multi-Family
MLS® #:2014222
Sq. Feet:1,590
On Site:96 Days
Lot Size:0.16 Acres
County:King
Two (2) PROPERTY RENTALS at ALKI BEACH!! You know what they say: It's all about LOCATION, LOCATION, LOCATION! This is a Once-in-a-Lifetime Opportunity to purchase Two (2) Homes on adjoining lots! Zoning = LR1(M) which offers the possibility to tear-down & build 10+ Units! Looking to add homes to your Rental Portfolio instead? Here they are! You'll find Two 2-Bdrm Updated, Move-In & Tenant-Ready Homes which are located less than a block from Alki Beach! Owned by one family for over 50 years; these homes have been cash-flowing rental properties for decades. This is Hands Down one of the BEST LOCATIONS in SEATTLE! Don't Wait!

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$000 Monthly Payment
Loan and interest only.

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Price Change History

Date Old Price New Price Percent Change
11/9/2022$2,150,000$1,500,000-30.2%

Community Information

Address:2633 & 2637 58th Ave SW, Seattle, WA 98116
Area:140 - West Seattle
County:King
City:Seattle
Subdivision:Alki
Zip Code:98116

School Information

School District:Seattle
High School:Buyer To Verify
Middle School:Buyer To Verify
Elementary School:Buyer To Verify

Architecture

Year Built:1925
Stories:1
Possible Use: Multi-Family, Residential
Building Style: Duplex
Roof: Composition
Foundation: Poured Concrete

Features / Amenities

Interior Features: Forced Air, Fir/Softwood
Flooring: Softwood, Vinyl
Exterior Features: Cement/Concrete, Wood, Wood Products
Site Features: Cable TV, Deck, Fenced-Fully, Gas Available, Outbuildings, Patio
Covered Spaces: 3
Open Parking Spaces: 9
Parking Total: 12
Heating Cooling Type: Forced Air, Wall

Property Features

Lot Size: 0.16 Acres
Lot Dimensions:80x90 and 40x80
Lot Features: Curbs, Paved, Sidewalk
View: Sound
Sq.Ft. Size: 1590
Lot Sq.Ft. Size: 7184
Sewer: Sewer Connected
Water: Public
Directions:From Admiral Way turn right Lander St turns right and becomes 56th Ave SW. Turn L on Alki Ave SW & Turn left on 58th Ave SW

Tax and Financial Info

Tax Year: 2022
Tax Annual Amount: $11,606
Insurance Expense: $779
Net Income: $29,615
Listing Terms: Cash Out, Conventional
Total Monthly Income: $3,500
Net Operating Income: $29,615
Total Expenses: $12,385
Offers: Seller intends to review offers upon receipt
Possession: Tenant's Rights

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2633 & 2637 58th Ave SW Seattle,  WA 98116
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2633 & 2637 58th Ave SW Seattle, WA 98116
 
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