9632 Aurora Ave N Seattle, WA 98103
Listing Courtesy of: Northwest MLS / Aris360

  9632 Aurora Ave N Seattle, WA 98103

Active (91 Days)

Description

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!

MLS #:
2223676
Taxes
$21,399(2024)
Lot Size
5,640 SQFT
Type
Multifamily
Year Built
1944
Style
10+ Units
School District
Seattle
County
King County
Community
Seattle

Listed By

Seth Raddue, Aris360
Source
Northwest MLS as distributed by MLS Grid
Last checked Apr 29 2024 at 7:02 PM GMT+0000
Bathroom Details
Interior Features
  • Wall to Wall Carpet
  • Ceramic Tile
Subdivision
  • Seattle
Property Features
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard
Flooring
  • Carpet
  • Vinyl
  • Ceramic Tile
Exterior Features
  • Stucco
  • Roof: Flat
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
School Information
  • Elementary School: Seattle Public Sch
  • Middle School: Seattle Public Sch
  • High School: Seattle Public Sch
Additional Listing Info
  • Buyer Brokerage Commission: 2.5
Location
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Apr 26, 2024
Price Changed
$2,099,000
-7%
-151,000
Apr 23, 2024
Price Changed
$2,250,000
7%
151,000
Apr 19, 2024
Price Changed
$2,099,000
-7%
-151,000
Apr 16, 2024
Price Changed
$2,250,000
7%
151,000
Apr 15, 2024
Original Price
$2,099,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 2024 4/29/24 12:02. 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.
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