Description
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!
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0BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
School Information
Listing information ©2024 Northwest MLS. Listing courtesy of Aris360.
Mortgage Calculator is provided by BoomTown.
Description
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!
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-09-16T17:15:31.133. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2024-09-16T17:15:31.133. 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.