3305 NE 125th Street, Seattle, WA 98125
- $1,195,000
Listing courtesy of Lee & Associates Commercial RE.
- List Price
- $1,195,000
- Status
- ACTIVE
- MLS#
- 2286725
- Days on Market
- 34
- Annual Tax Ammount
- 6369
Property Description
The Barton Building has been well maintained over the years and has a flexible layout. Four commercial tenants occupied the building at one point. Currently, there are two residential units, one 2 bedroom and 1 studio apartment and two further commercial units. The leases are short term in nature allowing for an upside for an investor or opportunity for an owner/ user. Highlights: - 4 Units Total, Including 2 Residential Units - Value-Add Investment Opportunity - Free-Standing, Mixed-Use Building with - High Visibility in Lake City Perfect Investment for an Owner/User
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Additional Information
- Community
- Lake City
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1946
- # of Assigned Spaces
- 6
- Roof
- Torch Down
- Tax Year
- 2024
- Driving Directions
- Corner of NE 125th and 33rd Ave NE
- Electric Expenses
- 897
- Energy Source
- Electric
- Buyer Agency Compensation
- 2.5
- Net Operating Income
- $74,157
- Gross Adjusted Income
- $83,733
- Gross Scheduled Income
- $88,140
- Water/Sewer/Garbage Expenses
- $2,330
- Cap Rate
- 6.2
- Vacancy Rate
- 5
- Total Expenses
- $13,982
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.