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9403 Linden Ave N Seattle WA 98103
Listing #: 678132 | Status: Available | Last Modified: 5/10/2024
Showing Instructions | |
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Call Listing Agent | No |
Use Discretion | No |
Investment Information | |
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Investment Prop | Yes |
Gross Income | 153,740 |
Vacancy Factor % | 3.08% |
Operating Expenses | 63,190 |
Net Operating Income | 85,814 |
CAP Rate | 3.90 % |
Detail Listing Information | |
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Min Total SF | 0 SF |
Max Total SF | 0 SF |
Lease Rate Low | $ 0.00 |
Lease Rate High | $ 0.00 |
Total Units | 6 |
Retail Information | |
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Signage | Signage on Building and Freestanding |
Financial Summary | |
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CAP Rate | 3.895 |
Building Information | |
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Building Status | Existing |
# of Buildings | 1 |
# of Floors | 4 |
# of Units | 6 |
Total Building SF | 10,683 SF |
Net Rentable Area | 7,158 SF |
Total Office SF | 0 SF |
Largest Contiguous SF | 0 SF |
Lot SF | 6,098 SF |
Acres | 0.14 |
Year Built | 1989 |
Property Type | |
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Property Type | Multi-Family |
Location | |
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County | King |
Market Area | Greenlake |
Tax ID # | 6749700075 |
Zoning | LR2(M) |
6 unit Value add Building. Built in 1989 with large units averaging 1,158 Sqft. All 2x2's with a penthouse. The property has 8 total garage parking spots with 2 of them being tandem parking. Value is in the operations and renovation of units. New roof, new mailbox, and minimum maintenance. Opportunity to raise rents by 36% on renovations. Close to DT Seattle and located in the Greenwood neighborhood. Call Listing Broker to arrange a tour.
9403 Linden Avenue N
9403 Linden Ave N Seattle WA 98103
Listing #: 678132 | Status: Available | Listing Date: 2/28/2024 | Last Modified: 5/10/2024 | Email Listing