940 N 103rd St

For Sale

940 N 103rd St, Seattle, WA 98133

This Seattle property for sale is located at 940 N 103rd St. The current listed sale price for 940 N 103rd St is $280.61/SF. 940 N 103rd St is situated on a lot that is 0.18 acre in size.

Contacts

broker
Tom Bates

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.

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Highlights

  • 940 N. 103rd St, Seattle WA, 98133
  • On site laundry // Fully fenced //

Attachments

Getting around

  • 85/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 70/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Seattle, WA
  • Neighborhood Greenwood
  • Zip Code 98133
  • Market Seattle

Points of Interest

  • Northgate

    0.81 miles

  • NE 130th Street

    1.72 miles

  • Brooklyn Avenue & 45th Street

    3.32 miles

  • U District

    3.34 miles

  • 43rd Street & Brooklyn Avenue

    3.38 miles

  • Fairview & Campus Drive

    5.30 miles

  • Westlake & Mercer

    5.51 miles

  • Terry & Mercer

    5.58 miles

  • Westlake & Thomas

    5.71 miles

  • Terry & Thomas

    5.71 miles

  • Arco

    0.12 miles

  • 76

    0.46 miles

  • Shell

    0.61 miles

  • Chevron

    0.73 miles

  • Northgate Supercharger

    0.85 miles

  • eVgo

    0.95 miles

  • Electrify America Charging Station

    1.02 miles

  • Chargepro

    1.30 miles

  • ChargePoint

    2.66 miles

  • Volta

    2.81 miles

  • Lot M

    0.69 miles

  • Lot L

    0.73 miles

  • Lot J

    0.74 miles

  • DSHS & Worksource Client Parking

    0.76 miles

  • Lot I

    0.78 miles

  • Lot K

    0.78 miles

  • Lot H

    0.79 miles

  • Northgate Park and Ride Lot

    0.79 miles

  • Lot A

    0.80 miles

  • Columbus Motor Inn

    0.32 miles

  • Crown Inn

    0.38 miles

  • Courtyard Seattle Northgate

    0.58 miles

  • Days Inn

    0.61 miles

  • Hotel Nexus

    0.72 miles

  • Oak Tree Motel

    0.72 miles

  • The Motel Georgian

    0.75 miles

  • Nites Inn Motel

    0.82 miles

  • Hampton Inn & Suites

    0.87 miles

  • Travelodge Seattle North of Downtown

    0.88 miles

  • QFC

    0.84 miles

  • Northgate Station

    0.94 miles

  • Target

    1.02 miles

  • Fred Meyer

    1.05 miles

  • TJ Maxx

    1.32 miles

  • Sprouts Farmers Market

    1.37 miles

  • PCC

    1.41 miles

  • Asian Family Market

    1.46 miles

  • US Food Chef's Store

    1.46 miles

  • Ross

    1.46 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Tom Bates

WPI Real Estate Services Inc