NEWLY LISTED
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$1,799,888 USD
9265 57th Avenue
Seattle, Washington 98118
USA
Seattle, Washington 98118
USA
Commercial for Sale, Multi-Family Home
Land size: 0.045 ha ::
0.11 acres
Sale price per sqm: 0
Tax: 11,837 USD
Remarks:
Now offered at a newly improved price of $1,799,888, this 7-unit apartment building is a prime income-generating opportunity. With a 2% vacancy rate, 6.19% cap rate, and $12,125 in total monthly income, you'll enjoy a robust $111,500 net operating income. The unit mix includes four 2-bed/1-bath and three 1-bed/1-bath units, with some featuring partial Lake Washington views. Tenants benefit from nearby grocery stores, local dining, coffee shops, auto parts stores, and easy access to Seward Park?all within close proximity. With a 12.71 Gross Rent Multiplier and potential for additional income streams, this property is a solid long-term investment. Don't miss out on this cash-flowing gem?the perfect addition to your portfolio!
Features:
- Year Built: 1923
- Construction: Brick
- Floors: Wall to wall carpeting, Laminate
- Utilities: Municipal Water
- Lot Description: Sidewalks
- Roofing: Composition/shingle
Location:
9265 57th Avenue, Seattle, Washington 98118, USA
Listed By CENTURY 21 North Homes Realty
The Commercial for Sale, Multi-Family Home located at 9265 57th Avenue, Seattle, Washington 98118, USA is currently for sale. 9265 57th Avenue, Seattle, Washington 98118, USA is listed for $1,799,888 USD. If the property located at 9265 57th Avenue, Seattle, Washington 98118, USA isn't what you're looking for, search Washington Real Estate to see other Commercial For Sale in Seattle.