Bought with WPI Real Estate Services, Inc.
$1,450,000
$1,595,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
940 N 103rd ST Seattle, WA 98133
15 Beds
8 Baths
5,684 SqFt
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,684 sqft
Price per Sqft $255
Subdivision Seattle
MLS Listing ID 2296058
Sold Date 02/11/25
Style 55 - 5-9 Units
Bedrooms 15
Year Built 1966
Annual Tax Amount $17,319
Lot Size 7,688 Sqft
Lot Dimensions 95x80
Property Sub-Type Multi-Family
Property Description
Here is the opportunity to expand your investment portfolio with a well qualified asset that has seven (7), 2br 1 bath units, and one (1) , 1br 1 bath unit. On site coin op laundry room. 3-4 units have been "Refreshed" on turn over. Parking in the alley and in front of the building. Two units have fireplaces. The property is a 6.0 Cap at $1,500.00 2br rents and $970 for the One Bedroom with 30% expenses. Paved walkways, exterior lighting, fully fenced in the front and both sides with gate to alley in back with laundry access. All rents need to be raised to market rent on turn over. See attached rent roll. LONG term tenants Spacious 80' wide by 95' long lot for future development. Ground floor units have direct access/exit to laundry room
Location
State WA
County King
Area 710 - North Seattle
Interior
Interior Features Laminate, Laminate Hardwood, Wall to Wall Carpet
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Amenities Available Fenced-Partially
View Y/N No
Roof Type Composition,Flat,Torch Down
Building
Lot Description Alley
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.