Listing courtesy of WPI Real Estate Services, Inc. 206-522-8172
$1,499,500
Incredible value-add multifamily opportunity in Seattle’s highly sought-after Northgate neighborhood! This turn-key 6-unit building features a fantastic unit mix of four 2-bed/1-bath units and two 1-bed/1-bath units, situated back off a quiet residential dead-end street north of Green Lake. Multiple units have been beautifully and tastefully updated, including a recent… Read More comprehensive remodel of Unit 2. Every unit offers modern conveniences including in-unit washers/dryers, dishwashers, private decks, storage lockers, and dual-pane vinyl windows. 100% occupied with stable cash flow and rents still sitting below market potential. Features an attractive, low-maintenance exterior, 6 dedicated parking spaces (including 4 carport spots), and a fire sprinkler system. Unbeatable location within walking distance to the Northgate light rail/bus lines, shopping, dining, and easy I-5 access. Perfect for an investor looking for a high-performing asset in a premier rental market! Read Less
Listing courtesy of WPI Real Estate Services, Inc. 206-522-8172
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
114
Days on Website
113
Last Updated
Property Type
Multi Family
Square Ft.
4,157
Lot Size
0.09 Acres
Year Built
1978
Property Tax
$14,675
MLS Number
2534680
Additional Details | Source HomeJunction
Building
Built in 1978, 3 stories, Construction Materials: Wood
Cooling
None
Energy Saving
Energy Efficiency: Thermal Windows
Expenses
Electric: $2,000, Insurance: $2,000
Exterior Features
Wood
Foundation
Poured Concrete
Heating
Baseboard, Wall Furnace
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $134,400, Net Operating Income: $107,724
Lot
0.0862 acres, Dead End Street, Paved, Sidewalk
Parking
4 carport spaces, 6 covered spaces, 6 total parking spaces
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
The listings presented here may or may not be listed by Wesley Lau. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
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