9500 Interlake Ave N Unit 1400-, Seattle, WA 98103

$3,599,000
6,900
SqFt

Listing courtesy of The Preview Group.

List Price
$3,599,000
Status
ACTIVE
MLS#
1732293
Price Change
▼ $201,000 1619050789
Days on Market
78
Style
55 - 5-9 Units
Building Condition
['Good']
Finished SqFt
6,900
Lot Size (sq ft)
5,120

Property Description

Rare new construction investment opportunity; 6 units 4.1 cap rate, townhouses, easy to liquidate when the time comes. Walking distance to Future "Light Rail" station, Each unit has one car garage. Built green, energy-efficient, next to Licton Springs Park. The main floor has an open kitchen design w/plenty of counter and cabinet space. Thoughtfully designed floor plan, plenty of natural light. Modern kitchen w/stainless appliances. Steam cabin shower, oversized rooftop deck, view of Mt Rainier, and PNW sunsets. Great home for yourself or an excellent investment! Walking distance to the highly-rated Cascadia elem & mid school. Excellent access to Green Lake, restaurants, amenities, parks, colleges.E-line, & light rail station nearby.No HOA

Additional Information

List Date
2021-02-18 00:00:00
Community
Green Lake
Property Type
MULT
Units
6
Stories
3
Potential Terms
Cash Out, Conventional
Year Built
2021
Total Parking
8
Uncovered Parking
2
Exterior
Cement Planked
Roof
Flat
School District
Seattle
Gross Scheduled Income
$180,000
Vacancy Rate
3
Gross Adjusted Income
$174,000
Annual Taxes
$14,622
Tax Year
2021
Insurance Expense
$3,600
Total Expenses
$18,222
Net Operating Income
$155,778
Gross Rent Multiplier
21
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
2.00
Unit 1 Size
1150
Unit 1 Rent
$2,500
Unit 2 Beds
2
Unit 2 Baths
2.00
Unit 2 Size
1150
Unit 2 Rent
$2,500
Unit 3 Beds
2
Unit 3 Baths
2.00
Unit 3 Size
1150
Unit 3 Rent
$2,500
Unit 4 Beds
2
Unit 4 Baths
2.00
Unit 4 Size
1150
Unit 4 Rent
$2,500
Unit 5 Beds
2
Unit 5 Baths
2.00
Unit 5 Size
1150
Unit 5 Rent
$2,500
Unit 6 Beds
2
Unit 6 Baths
2.00
Unit 6 Size
1150
Unit 6 Rent
$2,500
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