- Listing #:
- 2195287
- Price:
- $1,895,000
- Status:
- Active
- Property Type:
- Commercial
- Type:
- Comm Bldg Und 10K
- # of Acres:
- 0.17
- Year Built:
- 1978
- Comm/Assn:
- Greenwood
- City:
- Seattle
- County:
- King
- State:
- WA
- Zip:
- 98133
- Right of 1st Refusal:
- No
QR Code
Description
POSSIBLE SELLER FINANCING Opportunity to acquire a solid mixed use building located near the NE corner of Greenwood Avenue N and North 105th Street in popular Greenwood. The property consists of Four - 1 Bed 1 Bath apartments all with decks, One Penthouse with 2 bedrooms 2 baths, Sunroom, Dry Sauna and One - ground floor 1833 sf retail space . Close proximity to future Link Light Rail Stations at Northgate and NE 145th Street and excellent access to I-5, Downtown Seattle, Shoreline area, Northgate, Green Lake, Ballard and University of Washington. Market rents 5.24 CAP .
Property Features
- Building Features:
- - Storage
- Cap Rate:
- - 5.24
- Cooling Y/N:
- - Yes
- Exterior Features:
- - Stone
- - Wood
- :
- - Sloped
- Foundation Details:
- - Poured Concrete
- Gross Scheduled Income:
- - $161,520.00
- Heating Y/N:
- - Yes
- Insurance Expense:
- - $17,280.00
- Interior Features:
- - Ceramic Tile
- - Concrete
- - Wall to Wall Carpet
- - Laminate Hardwood
- Net Operating Income:
- - $102,145.00
- Depth Of Lot:
- - 119
- Environmental Survey:
- - false
- Free And Clear:
- - true
- Gross Adjusted Income:
- - 159919
- Gross Rent Multiplier:
- - 12
- Improvements Assessed Value:
- - 678000
- Land Assessed Value:
- - 1152000
- Parking Uncovered Total:
- - 15
- Site Frontage:
- - 60
- Style Code:
- - 60 - Comm Bldg Und 10K
- Total Assessed Value:
- - 1830000
- Total Expenses:
- - 56683
- Total Sq. Ft. Rented:
- - 6400
- Vacancy Rate:
- - 1
- Water Sewer Garbage:
- - 11500
- Zoning Class:
- - Commercial
- - Multi-Family
- Zoning Jurisdiction:
- - City
- Other Expense:
- - 11306
- Parcel Number:
- - 8911000350
- Possible Use:
- - Commercial
- - Multi-Family
- Property Condition:
- - Good
- Structure Type:
- - Unspecified
- Annual Tax Amount:
- - $16,597.00
- Tax Year:
- - 2023
- Total Actual Rent:
- - 13340
- Water Source:
- - Public