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Days On Market: 34 Days
Active

Listing Firm: Aris360: Seth Raddue

NWMLS # 2223676

9632 Aurora Ave N, Seattle, WA 98103

$2,099,000

  • - Beds
  • - Baths
  • - Sq.ft.
Listings with the three tree icon are courtesy of NWMLS

About This Property

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!

Location

  • Country: US
  • Neighborhood: Aurora Ave
  • Zip/Postal Code: 98103
  • City: Seattle

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  • cash $321,750
  • Home Equity $0

Down payment

Home price 2,099,000

Home price

Loan details

30 yr, 7.03%

Interest rate

Loan type

Advanced options

Electricity and solar

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Seth Raddue

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seth@aris360.com

206-240-8514

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Property Features

LOCATION INFORMATION

  • County
    • Seattle
  • Community
    • 705 - Ballard/Greenlake
  • MLS Area
    • 705 - Ballard/Greenlake
  • Longitude
    • -122.344254
  • Latitude
    • 47.699454
  • Directions
    • Google/Apple Maps

INTERIOR FEATURES

  • Interior
    • Ceramic Tile
    • Wall to Wall Carpet
  • Floors
    • Ceramic Tile
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
    • Electric

EXTERIOR FEATURES

  • Stories
    • 3
  • Style
    • 56 - 10+ Units
  • Parking Spaces
    • 16
  • Foundation
    • Poured Concrete,
    • Poured Concrete,
  • Elevation
    • Feet
  • Exterior
    • Stucco
  • Roof
    • Composition,
    • Composition,
    • Flat,
    • Flat,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Good,
  • Water
    • Seattle Public Utilites
  • Building Total Area (Sq. Ft.)
    • 5640

SCHOOL

  • High School District
    • Seattle
  • Jr. High School
    • Seattle Public Sch
  • Elementary School
    • Seattle Public Sch
  • High School
    • Seattle Public Sch

ADDITIONAL INFORMATION

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2024
  • Structure Type
    • Multi Family,
    • Premier Properties,
  • Tax Amount
    • $21399.25
  • Year Built
    • 1944
  • Effective Year Built
    • 1980
  • Status
    • Active

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Disclaimer: The information contained in this listing has not been verified and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change, or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Listings with the three tree icon are courtesy of NWMLS. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and include the name of the listing broker(s). Copyright © 2023 Northwest MLS. All rights reserved.