Seattle, WA 98133,1824 N 103rd ST
Seattle, WA 98133,1824 N 103rd ST
Seattle, WA 98133,1824 N 103rd ST
Seattle, WA 98133,1824 N 103rd ST
Seattle, WA 98133,1824 N 103rd ST
Seattle, WA 98133,1824 N 103rd ST
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Listed by Westlake Associates, Inc.
Bought with NAREIG

$2,900,000

$2,950,000

1.7%
Est.Price: ?

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Est. payment /mo

9,975 SqFt


SOLD DATE : 08/20/2024

Key Details

Sold Price $2,900,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 9,975 sqft

Price per Sqft $290

Subdivision Northgate

MLS Listing ID 2262502

Sold Date 08/20/24

Style 55 - 5-9 Units

Year Built 1986

Annual Tax Amount $28,860

Lot Size 7,330 Sqft

Property Description

ASSUMABLE FINANCING with a 3.32% Interest Rate. Constructed in 1986, Northgate 9 is a 3-story, wood-framed building featuring a ground-floor parking garage. The property comprises nine 2-bedroom, 2-bathroom apartment units, each spanning an average of 1,108 sqft. Every unit boasts an open-concept layout, covered balconies, full appliance package and in-unit full-size washers and dryers. Northgate 9 presents a unique investment opportunity. Prospective investors can capitalize on the property's strategic location and low-maintenance appeal. Potential for enhancing returns by renovating additional unit interiors, adjusting rents to align with market rates, and securing the parking garage by adding a garage door & charging for parking.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Deck, Fenced-Partially

View Y/N No

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Assumable, Cash Out, Conventional, See Remarks

Listing Terms Assumable, Cash Out, Conventional, See Remarks

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Northwest MLS (NWMLS)
agent-avatar

+1(360) 789-4979

kennon@maurerhomegroup.com

204 Custer Way, Tumwater, WA, 98501, United States

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