5911 SW Admiral Way, Seattle, WA 98116

Courtesy of Paragon Real Estate Advisors

$1,275,000
2,340
SqFt

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List Price
$1,275,000
Status
ACTIVE
Days on Market
1
MLS#
2582595
Subtype
Residential Income
Style
53 - Tri-plex
Year Built
1946
Living Area
2,340
Lot Size
4,800
Acres
0.11
Subdivision
Alki
Neighborhood
Alki
MLS Area Major
West Seattle

Property Description

The offering consists of two separate structures on a single 4,800 square foot NR3 zoned parcel. A two bedroom house built in 1946 sits at the front of the property, and a standalone duplex built in 1988 sits behind it, containing two more two bedroom/one bathroom units. Total net rentable area is 2,340 square feet across the three units, with an additional 720 square feet of unfinished basement beneath the house. Each unit is a two bedroom, one bathroom layout with a dedicated storage locker and its own full size washer and dryer. Both duplex units are vacant and ready for occupancy. Both interiors have been freshly painted and have new vinyl plank flooring, new carpet, new window blinds, and the appliance package in the upper unit (unit B) is new. Hot water tanks were replaced in 2023 and 2024. The property also works for an owner user, who can occupy a duplex unit at closing. The house sits on 720 square feet of unfinished basement with a dedicated entry, good ceiling height, and a sewer line that runs down rather than out through a sidewall, which allows a bathroom to be added at the lower level without sacrificing space. A buyer can finish the basement as additional living area for the house or pursue the addition of a fourth unit. The parcel is zoned NR3, which allows four units on the site. A buyer is to research and confirm the viability of these options to its own satisfaction, including with the appropriate City of Seattle zoning and construction departments.

Additional Information

Exterior Features
Wood Products
Property Description
53 - Tri-plex
Flooring
Laminate, Carpet
Heating
Wall Furnace
Air Conditioning
None
Roof
Composition
School District
Seattle
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