Contacts
WPI Real Estate Services Inc
Property Details
- Property Type Multi-Family
- Property Size 5,684 SF
- Units 8
- Lot Size 0.18 Acre
- Cap Rate % 4.1
- Rental Income / YR $115,344.00
- NOI / YR $65,277.00
- Taxes / YR $17,319.00
- Additional Rent Contact for pricing
- # of Floors 2
- Average Floor Size 3,000 SF
- Parking Spaces Avail. 12
- Parking Ratio 2.11 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 1966
- Year Renovated 1992
- Date Updated Nov 25, 2024
Here is the opportunity to expand your investment portfolio with a well qualified asset that has Seven, 2br 1 bath units, and One, 1 bedroom 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. Upper units have exposed wood ceilings. The property is a 6.0 cap with 2 br units all at $1,500.00 and the 1 br at $970 and 30% expenses. All rents need to be raised to market rent. Some Long term tenants that have not had rent raises in years. Nice lot for future develpment with excellent alley access. ( Lot is 80' x 95' ) Ground floor units also have direct acces to laundry room and 2nd exit via laundry room.
Reach out to the broker for more info on lease terms and amenities
Highlights
- 940 N. 103rd St, Seattle WA, 98133
- On site laundry // Fully fenced //
Attachments
Getting around
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Location
- City Seattle, WA
- Neighborhood Greenwood
- Zip Code 98133
- Market Seattle
Points of Interest
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Northgate
0.81 miles
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NE 130th Street
1.72 miles
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Brooklyn Avenue & 45th Street
3.32 miles
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U District
3.34 miles
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43rd Street & Brooklyn Avenue
3.38 miles
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Fairview & Campus Drive
5.30 miles
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Westlake & Mercer
5.51 miles
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Terry & Mercer
5.58 miles
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Westlake & Thomas
5.71 miles
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Terry & Thomas
5.71 miles
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Arco
0.12 miles
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76
0.46 miles
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Shell
0.61 miles
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Chevron
0.73 miles
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Northgate Supercharger
0.85 miles
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eVgo
0.95 miles
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Electrify America Charging Station
1.02 miles
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Chargepro
1.30 miles
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ChargePoint
2.66 miles
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Volta
2.81 miles
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Lot M
0.69 miles
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Lot L
0.73 miles
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Lot J
0.74 miles
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DSHS & Worksource Client Parking
0.76 miles
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Lot I
0.78 miles
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Lot K
0.78 miles
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Lot H
0.79 miles
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Northgate Park and Ride Lot
0.79 miles
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Lot A
0.80 miles
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Columbus Motor Inn
0.32 miles
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Crown Inn
0.38 miles
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Courtyard Seattle Northgate
0.58 miles
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Days Inn
0.61 miles
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Hotel Nexus
0.72 miles
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Oak Tree Motel
0.72 miles
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The Motel Georgian
0.75 miles
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Nites Inn Motel
0.82 miles
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Hampton Inn & Suites
0.87 miles
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Travelodge Seattle North of Downtown
0.88 miles
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QFC
0.84 miles
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Northgate Station
0.94 miles
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Target
1.02 miles
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Fred Meyer
1.05 miles
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TJ Maxx
1.32 miles
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Sprouts Farmers Market
1.37 miles
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PCC
1.41 miles
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Asian Family Market
1.46 miles
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US Food Chef's Store
1.46 miles
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Ross
1.46 miles
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WPI Real Estate Services Inc