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5632 Delridge Way SW

Seattle, WA 98106
  • $3,300,000
  • STATUS: Pending Feasibility
  • ON SITE: 53 days
  • ID#: 1780673
Under Contract
UPDATED: 37 min ago
$3,300,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1942
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Sound Realty Group Inc.

Description

The Delridge Assemblage is a rare opportunity to acquire 3 parcels consisting of 12 units & 19,200SF of NCP55 zoned land along Delridge Way. This offering appeals for investment or redevelopment in the Delridge neighborhood of West Seattle. With 160 linear ft of street frontage & alley access these lots are primed for commercial mixed-use development. Each parcel has a fully occupied, well maintained 4plex w/ unit mix of 1 bd/1bth providing a MF portfolio that will cash flow while larger redevelopment is set in motion. This prime location boasts a strong traffic count & connects to key transportation hubs. Email listing broker for redevelopment program w/ 2 options for mixed use w/ ground level parking & retail & townhomes or apts above.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Better Properties Lacey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-25T18:13:59.323.

www.betterpropertieslacey.com/homes/117785616
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5632 Delridge Way SW Seattle, WA 98106

  • Price: $3,300,000
  • Status: Pending Feasibility
  • Updated: 37 min ago
  • ID#: 1780673
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1942
Built
Neighborhood:
Delridge
County:
King
Area:
West Seattle
Elementary School:
K-5 Stem At Boren
Middle School:
Madison Mid
High School:
West Seattle High
School District:
Seattle
Property Description
The Delridge Assemblage is a rare opportunity to acquire 3 parcels consisting of 12 units & 19,200SF of NCP55 zoned land along Delridge Way. This offering appeals for investment or redevelopment in the Delridge neighborhood of West Seattle. With 160 linear ft of street frontage & alley access these lots are primed for commercial mixed-use development. Each parcel has a fully occupied, well maintained 4plex w/ unit mix of 1 bd/1bth providing a MF portfolio that will cash flow while larger redevelopment is set in motion. This prime location boasts a strong traffic count & connects to key transportation hubs. Email listing broker for redevelopment program w/ 2 options for mixed use w/ ground level parking & retail & townhomes or apts above.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Cement PlankedWood Products Lot Features AlleyPavedValue In Land Open Parking Spaces 12 Open Parking YN Yes Parking Total 12 Parking Uncovered Spaces 12 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

Interior Features

Fireplace YN No Flooring VinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

Property Features

Association Fee 0 Association Fee Frequency Annually Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 202776 Insurance Expense 3100 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 164050 New Construction YN No Possible Use Commercial Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Fenced-Partially Special Listing Conditions None Tax Annual Amount 19070 Tax Year 2020 Total Expenses 36790 Units In Building Total 12 Utilities Sewer ConnectedElectricity Available Water Sewer Garbage 11520 Zoning Class Commercial Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Better Properties Lacey and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Better Properties Lacey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-25T18:13:59.323.

 
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Better Properties Lacey
3201 Willamette Dr NE, Ste E
Lacey WA, 98516
Listing Courtesy of Sound Realty Group Inc.