11520 Greenwood Ave N, Seattle, WA 98133

$4,300,000
15,609
SqFt

Listing courtesy of Paragon Real Estate Advisors.

List Price
$4,300,000
Status
ACTIVE
MLS#
1483629
Days on Market
6
Style
56 - 10+ Units
Finished SqFt
15,609
Lot Size (sq ft)
14,440

Property Description

For the first time on the market you can acquire this well-maintained 19 unit apartment building located in Greenwood. Building offers spacious unit layouts, private decks/patios, vinyl windows, additional tenant storage space and on-site parking! Located 2 miles from the future Northgate Light Rail Station.

Additional Information

List Date
2019-07-10 00:00:00
Community
Greenwood
Property Type
MULT
Units
19
Stories
4
Potential Terms
Cash Out
Year Built
1969
Total Parking
19
Uncovered Parking
4
Exterior
Cement/Concrete, Stone, Wood, Wood Products
Roof
Flat
School District
Seattle
Total Monthly Income
$24,364
Gross Scheduled Income
$292,371
Vacancy Rate
2
Gross Adjusted Income
$286,524
Annual Taxes
$31,915
Tax Year
2019
Insurance Expense
$7,600
W/S/G Expenses
$37,850
Total Expenses
$116,435
Net Operating Income
$170,089
Gross Rent Multiplier
14
Cap Rate
3

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.50
Unit 1 Size
1015
Unit 1 Rent
$1,250
Unit 2 Baths
1.00
Unit 2 Size
519
Unit 2 Rent
$900
Unit 3 Beds
2
Unit 3 Baths
2.00
Unit 3 Size
1015
Unit 3 Rent
$1,400
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Size
750
Unit 4 Rent
$1,425
Unit 5 Beds
1
Unit 5 Baths
1.00
Unit 5 Size
750
Unit 5 Rent
$1,150
Unit 6 Beds
1
Unit 6 Baths
1.00
Unit 6 Size
750
Unit 6 Rent
$1,050
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