10532 Greenwood Avenue N

Seattle, Washington WA98133

Investor Alert - Opportunity to acquire a solid fully leased 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. Income is proforma. Please email Broker at for Offering Memorandum

About This Property

Listing ID1851505
SqFt 6,466
Acres 0.165
Year Built1978
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision Greenwood
Year Built 1978
Building Area Units Square Feet
Flooring Laminate, Vinyl, Carpet
Furnished Unfurnished
Heating Cooling Type Baseboard
Living Area Units Square Feet
Elevation Units Feet
Exterior Features Wood
Foundation Details Poured Concrete
Lot Features Curbs, Paved, Sidewalk
Lot Size Square Feet 7200
Lot Size Units Square Feet
MLS Lot Size Source King Co
Number Of Units Total 6
Open Parking Spaces 15
Parking Total 15
Parking Uncovered Spaces 15
Roof Torch Down
Sewer Sewer Connected
Structure Type Multi Family
Style Code 55 - 5-9 Units
Units Below Grade false
Utilities Sewer Connected, Electricity Available
Water Sewer Garbage 15672
Water Source Public
Building Area Total 6466
Country US
High School District Seattle
MLS Area Major 705 - Ballard/Greenlak
View City, Territorial
Waterfront no
Zoning Class Commercial
Zoning Jurisdiction City
First Right Of Refusal no
Mls Status Active
Offers Seller intends to review offers upon receipt
Possible Use Commercial
Power Production Type Electric
Preliminary Title Ordered yes
Property Condition Good
Site Features Deck, Fenced-Partially, Hot Tub/Spa
Cap Rate 5.14
Gross Adjusted Income 188976
Gross Rent Multiplier 13
Gross Scheduled Income 190870
Insurance Expense 7570
Leasable Area 6466
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 133636
Other Expense 13559
Possession Tenant's Rights
Sale Type MLS
Seller Disclosure Provided
Special Listing Conditions None
Tax Annual Amount 18538
Tax Year 2021
Total Expenses 55340
Total Monthly Income 188880
Vacancy Rate 1

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10532 Greenwood Avenue N Seattle, WA 98133

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The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. The information contained in this listing has not been verified by WPI Real Estate Services, Inc. (7101) and should be verified by the buyer. © 2021 NWMLS. All rights reserved. Data last updated: Saturday, October 23rd, 2021 10:46:32 PM.
Active Listing courtesy of RE/MAX Northwest Realtors
Active Listing courtesy of RE/MAX Northwest Realtors
Active Listing courtesy of RE/MAX Northwest Realtors
Data services provided by IDX Broker