11752 Burke Avenue N, Seattle, WA 98133
- $1,000,000
- 3,100
- SqFt
Listing courtesy of Windermere Real Estate GH LLC. Selling Office: Skyline Properties, Inc..
- Sold Price
- $1,000,000
- List Price
- $1,100,000
- Status
- SOLD
- MLS#
- 2475499
- Closing Date
- Jul 02, 2026
- Days on Market
- 107
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 3,100
- Area Total SqFt
- 3100
- Annual Tax Ammount
- 12143
- Lot Size (sq ft)
- 9,375
- Sewer
- Sewer Connected
Property Description
Do Not disturb tenants or walk the property. Multiple opportunities with this gem. Buy and hold as a triplex or redevelop! Ideal turnkey fully occupied triplex with long-term tenants and high development potential. Located on a dead-end street, nestled in a quiet residential Northgate neighborhood. Tenants pay their portion of utilities. Rents are under market with room to increase. Property offers a private, fully fenced backyard that tenants share. Ample parking with 6 off-street parking spaces, including 1 attached garage space. Unit 1 has new carpet and paint in 2025 with a lease ending August ‘26. Units 2 & 3 are month-to-month with long-term tenants. Attention Developers! Zoned LR2(M)/low-cost area. Large level lot may offer redevelopment potential of 7-10 townhouse units, buyer to verify. Located on a dead-end street in a quiet residential neighborhood behind Northwest Hospital, near buses, shopping and Sound Transit.
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Additional Information
- List Date
- 2026-03-17 00:00:00
- Community
- Northgate
- Net Operating Income
- $50,237
- Gross Adjusted Income
- $49,596
- Gross Scheduled Income
- $64,080
- Total Monthly Income
- $5,340
- Insurance Expenses
- $1,700
- Gross Rent Multiplier
- 18.7
- Total Expenses
- $13,843
- Cap Rate
- 4.17
- Vacancy Rate
- 1
- Total Number of Units
- 3
- Unit Name
- 11752
- Potential Terms
- Conventional
- Year Built
- 1981
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Fully, High Speed Internet
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $5,340
- Gross Scheduled Income
- $64,080
- Vacancy Rate
- 1
- Gross Adjusted Income
- $49,596
- Tax Year
- 2025
- Insurance Expense
- $1,700
- Total Expenses
- $13,843
- Net Operating Income
- $50,237
- Gross Rent Multiplier
- 18.7
- Cap Rate
- 4.17
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.