$2,099,000 $11,268 est/mo Sourced by Back At You

9632 Aurora Ave,Seattle, WA 98103

Seattle WA, 98103

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Description

Exceptional 16-Unit Investment Opportunity 5.08% Cap Rate. Remarkable investment opportunity with this fully occupied 16-unit building, strategically positioned in a prime North Seattle location. Boasting a strong 5.08% cap rate, this property offers a solid return on investment. recent upgrades in many units, new roof installed on 1.15.2024, prime location less than 2 miles to Green Lake and within walking distance to NSCC. Positioned on a large corner lot, Highway 99, zoned NC3P75, ideal for future development potential. This investment is not just profitable but also ideally located, perfect for sustained occupancy and growth. Act now to secure this outstanding property in a high-demand area!

Details

MLS#2223676
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1944
Days On Site98
Listing Provided ByAris360 | Seth Raddue
Buying Commision2.5%

Features

SQ Feet6,166
Story(s)3
Units16
Acreage0.13

Market Activity 98103

 The three trees icon appears on listings courtesy of NWMLS.

 Listings courtesy of NWMLS as distributed by MLS GRID.

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Listings Checked: 22 minutes ago
StateWA
CountyKing
CitySeattle
Zip Code98103
Area705 Ballard | Greenlake
Community NameSeattle
School DistrictSeattle Public Sch
Elementary SchoolSeattle Public Sch
Middle SchoolSeattle Public Sch
High SchoolSeattle Public Sch
Listing VS Median (in Seattle)
Price:
$2,099,000
low | high
Med:
$730,000
100% of Average
SqFt:
6,166
low | high
Med:
1,245
100% of Average
$ / SqFt:
$340
low | high
Med:
$631
35.346195497051% of Average
On Site:
98
low | high
Med:
21.500000
100% of Average
Sourced by Back At You
Listing Updated: July 22, 2024 at 11:26:09 AM PDT