For more information on this property, contact WPI Real Estate at 206.522.8172 or info@wpirealestate.com

1400 N 95th Street
Seattle, Washington WA 98103
Price: $4,295,000
Listing ID 2012949
Status Active
SqFt 6,440
Acres 0.118
Subdivision Green Lake
Year Built 2021

Property Description:

Rare Investment opportunity in HIGHLY SOUGHT AFTER Green Lake! All units leased on Annual Terms, tenants pay utilities, no HOA. Green Home, divided into 6 units. Each unit has 2 bedrooms, 2.5 baths, Individual 1 car garage, EV charger, Washer/dryer in unit, fully fenced patio with roof top deck offering amazing views of Seattle Downtown and beautiful Mt Rainier. Open floor plan with gourmet kitchen, SS appliances, steam shower, AC Mini-splits. Walking distance from Restaurants, parks, schools, and much more! Addresses range from 1400-1410.

Primary Features

County: King
Price Before Reduction: 4495000
Price Reduction Date: 2022-11-07T17:44:39+00:00
Property Sub Type: Multi-Family
Property Type: Residential Income
Subdivision: Green Lake
Year Built: 2021

Interior

Building Area Units: Square Feet
Flooring: Laminate, Carpet
Furnished: Unfurnished
Heating Cooling Type: Ductless HP-Mini Split
Interior Features: Ductless HP-Mini Split, Laminate, Wall to Wall Carpet
Living Area Units: Square Feet
Stories Total: 3

External

Covered Spaces: 6
Elevation Units: Feet
Exterior Features: Cement Planked, Wood Products
Foundation Details: Slab
Lot Features: Paved, Sidewalk
Lot Size Square Feet: 5120
Lot Size Units: Square Feet
MLS Lot Size Source: Public Records
Number Of Units Total: 6
Parking Total: 6
Roof: Flat
Sewer: Sewer Connected
Sewer Company: SPU
Structure Type: Multi Family
Style Code: 55 - 5-9 Units
Units Below Grade: false
Units In Building Total: 6
Utilities: High Speed Internet, Sewer Connected, Electricity Available
Water Company: SPU

Location

Building Area Total: 6440
Country: US
Elementary School: Buyer To Verify
High School: Buyer To Verify
High School District: Seattle
Middle Or Junior School: Buyer To Verify
MLS Area Major: 705 - Ballard/Greenlak
View: City, Territorial
Waterfront: no
Zoning Jurisdiction: City

Additional

Amenities: Thermal Windows
First Right Of Refusal: no
Green Energy Efficient: Thermal Windows
Mls Status: Active
Offers: Seller intends to review offers upon receipt
Power Company: SPU
Power Production Type: Electric
Preliminary Title Ordered: yes
Property Condition: Very Good
Site Features: Dog Run, Electric Car Charging, Fenced-Partially, High Speed Internet, Rooftop Deck
SOC Comments: Thank you!

Financial

Cap Rate: 4.02
Common Interest: Multi-Family
Gross Adjusted Income: 220356
Gross Rent Multiplier: 20.39
Gross Scheduled Income: 220356
Insurance Expense: 3100
Leasable Area: 6440
Leasable Area Units: Square Feet
Leased Items: None
Net Operating Income: 180866
Possession: See Remarks, Tenant's Rights
Sale Type: MLS
Seller Disclosure: Provided
Special Listing Conditions: None
Tax Annual Amount: 36389.84
Tax Year: 2022
Total Expenses: 39489.84
Total Monthly Income: 18363

Zoning Info


Area Info


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