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Listing Firm: Aris360: Seth Raddue

Active
NWMLS # 2223676

$2,099,000

9632 Aurora Ave N, Seattle, WA 98103

Listings with the three tree icon are courtesy of NWMLS

About This Property

New Roof / Fresh Paint 2024, 5.98% Cap Rate. Remarkable investment opportunity with this fully occupied 16-unit building, strategically positioned in a prime North Seattle location. Boasting a strong 5.98% 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!

Aris360 Last Checked: Just Now (Jan 22, 2025 02:06 PM)

  • Source: NWMLS as Distributed by MLS Grid #2223676

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

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

Property Features

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

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

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

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

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

Interested in Buying this property?

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Seth Raddue

President & CEO

seth@aris360.com

206-240-8514

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Disclaimer: Based on information submitted to the MLS GRID as of Wed Jan 22 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Jan 22, 2025 02:06 PM