3843 & 3845 Beach SW DriveSeattle, WA98116
$2,570,000
4 total units
Capitilization Rate: 3.42
4340 sq. ft
0.5867 acres
Elementary School: Alki
Middle School: Madison Mid
High School: West Seattle High
1406 days on market
VestorFilter™
Price per unit$642.5K/unit
Price per ft²$592.16/ft²
Price per acre$4.38M/ac
Time on market1406 days
Smart Fixer ListYes
Property Description
Rarely available waterfront investment. Prime Seattle property at the water’s edge with uninterrupted sunset views, comprising two city lots with combined shoreline of 100 ft and LR3 zoning, on serene Beach Drive with level access steps to Alki Beach. Multiple attractive investment/development opportunities: the two existing vintage duplex rentals could be leased as is, renovated, or replaced with your choice of single-family homes or luxury waterfront townhouses; feasibility studies included.
{{ compliance-logo }}Listing is provided courtesy of NWMLS
Financial Data
Date Sold2021-03-30
Sold Price$2,495,000
Original Price$2,800,000
Current Price$2,570,000
Property Taxes$28,810
Find On Map
Home Facts
StatusClosed
Year Built1908
Interior Features
Exterior Features
MLS IDNWM1621674
