Rare opportunity to acquire two side-by-side triplexes in Seattle's Delridge/Westwood neighborhood, offered together as a 6-unit, 6,400 SF portfolio. Built in 2000, all six units are spacious 2 Bed/1.5 Bath townhome-style residences (approx. 1,067 SF each) with individual electric baseboard heat and in-unit fireplaces. Current rents sit well below market, creating compelling upside: current cap rate of approximately 4.7%, growing to approximately 7% at market rents (avg. $2,095/unit). Off-street parking, low-maintenance landscaping, and steps to the RapidRide H Line. Zoned LR2 (M) on a combined 9,000 SF lot. Opportunity for 20%-25% down payment as residential financing.
| MLS # | 2576739 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2000 |
| Days On Site | 23 |
| Listing Provided By | Medawar Real Estate | Chris Medawar |
| SQ Feet | 6,400 |
|---|---|
| Story(s) | 2 |
| Units | 6 |
| Acreage | 0.21 |
| Property | 21037 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98106 |
| Area | 140 West Seattle |
| Community Name | Westwood |
| Listing VS Median (in Westwood) | |
Price: $1,400,000 low | high Med: $607,498 sqft: 6,400 low | high Med: 1,040 $ / sqft: $219 low | high Med: $595 On site: 23 low | high Med: 65.5 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98106 |
| Area | 140 West Seattle |
| Community Name | Westwood |
| Listing VS Median (in Westwood) | |
Price: $1,400,000 low | high Med: $607,498 sqft: 6,400 low | high Med: 1,040 $ / sqft: $219 low | high Med: $595 On site: 23 low | high Med: 65.5 | |