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!
| Elementary School |
Seattle Public Sch |
| Jr. High School |
Seattle Public Sch |
| High School |
Seattle Public Sch |
| AIR |
None |
| AREA |
705 - Ballard/Greenlake |
| CONSTRUCTION |
Stucco |
| HEAT |
Baseboard, Electric |
| INTERIOR |
Ceramic Tile |
| LOT |
5641 sq ft |
| MLS STATUS |
Active |
| STORIES |
3 |
| STYLE |
56 - 10+ Units |
| SUBDIVISION |
Seattle |
| TAXES |
21399.25 |
| UTILITIES |
Sewer Connected |
| ZONING |
Commercial |
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