1300 N 107th St, Seattle, WA 98133

$1,795,000
5,000
SqFt

Listing courtesy of Westlake Associates, Inc..

List Price
$1,795,000
Status
PENDING INSPECTION
MLS#
1516550
Days on Market
8
Style
55 - 5-9 Units
Finished SqFt
5,000
Lot Size (sq ft)
5,475

Property Description

Meticulously maintained 8 unit near Northgate Mall. All spacious 1 bed/1 bath units at approx 625 sqft with stacked WD. 1987 construction with secure garage parking, secure entry access and video surveillance. Freshly painted exterior and the pitched composite roof with leaf guard gutters approximately 10 years old. The building is approximately 1 mile from Northgate Mall and the future Northgate Light Rail Station.

Additional Information

List Date
2019-09-09 00:00:00
Community
Northgate
Property Type
MULT
Units
8
Stories
2
Potential Terms
Cash Out, Conventional, Rehab Loan
Year Built
1987
Total Parking
10
Uncovered Parking
2
Exterior
Wood
Roof
Composition
School District
Seattle
Total Monthly Income
$9,625
Gross Scheduled Income
$115,500
Vacancy Rate
5
Gross Adjusted Income
$109,725
Annual Taxes
$13,312
Tax Year
2019
Insurance Expense
$2,294
W/S/G Expenses
$8,461
Total Expenses
$37,053
Net Operating Income
$72,672
Gross Rent Multiplier
15
Cap Rate
4

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
625
Unit 1 Rent
$1,300
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
625
Unit 2 Rent
$1,000
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
625
Unit 3 Rent
$1,200
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Size
625
Unit 4 Rent
$1,000
Unit 5 Beds
1
Unit 5 Baths
1.00
Unit 5 Size
625
Unit 5 Rent
$1,200
Unit 6 Beds
1
Unit 6 Baths
1.00
Unit 6 Size
625
Unit 6 Rent
$1,300
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