10532 Greenwood Avenue N, Seattle, WA 98133

$1,595,000
6,466
SqFt

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Listing courtesy of RE/MAX Northwest. Selling Office: Best Choice Realty.

Sold Price
$1,595,000
List Price
$1,595,000
Status
SOLD
MLS#
2193148
Closing Date
Apr 09, 2025
Days on Market
236
Style
55 - 5-9 Units
Building Condition
Good
Finished SqFt
6,466
Area Total SqFt
6466
Annual Tax Ammount
16597
Lot Size (sq ft)
7,200
Sewer
Sewer Connected

Property Description

POSSIBLE SELLER FINANCING - Live in the penthouse and the collect the rents from the remaining units to make the payment . Opportunity to acquire a solid mixed use building located near the NE corner of Greenwood Avenue N and North 105th Street in popular Greenwood. The property consists of Four - 1 Bed 1 Bath apartments all with decks, One Penthouse with 2 bedrooms 2 baths, Sunroom, Dry Sauna and One - ground floor 1833 sf retail space . Close proximity to future Link Light Rail Stations at Northgate and NE 145th Street and excellent access to I-5, Downtown Seattle, Shoreline area, Northgate, Green Lake, Ballard and University of Washington.

Additional Information

List Date
2024-08-16 00:00:00
Community
Greenwood
Net Operating Income
$79,406
Gross Adjusted Income
$136,232
Gross Scheduled Income
$137,608
Total Monthly Income
$13,340
Insurance Expenses
$17,280
Water/Sewer/Garbage Expenses
$11,500
Gross Rent Multiplier
12
Total Expenses
$56,683
Cap Rate
4.98
Vacancy Rate
1
Total Number of Units
6
Unit Name
10532
Potential Terms
Cash Out, Conventional
Year Built
1978
View
City, Territorial
Roof
Torch Down
Site Features
Deck, Fenced-Partially, Hot Tub/Spa
Other Expenses
11306
Energy Source
Electric
School District
Seattle
Total Monthly Income
$13,340
Gross Scheduled Income
$137,608
Vacancy Rate
1
Gross Adjusted Income
$136,232
Tax Year
2023
Insurance Expense
$17,280
W/S/G Expenses
$11,500
Total Expenses
$56,683
Net Operating Income
$79,406
Gross Rent Multiplier
12
Cap Rate
4.98
Based on information submitted to the MLS GRID as of . 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.
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