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  • Listed by: 

    Charles Burnett,

    Keller Williams Seattle Metro,

    Chelsea Shapiro Davenport,

    Keller Williams Seattle Metro

    $2,000,000

    2460 NE Northgate Way, Seattle, WA 98125

    --beds
    --baths
    5,800sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $1,952,500 Zestimate®
    $345/sqft
    $3,341 Estimated rent

    What's special

    This boutique 10 unit apartment checks all the boxes with its ideal location, mid-mod vibes, ample parking & strong cash flow. Fully stabilized with updated units, market rents & excellent professional management! Offered at a true 6.4% Cap Rate! A good unit mix of 2 beds, 1 beds, studios plus easy access to Northgate & Lake City Way attract solid commuter tenants. All units were remodeled to the studs with sleek new kitchens, baths, SS appliances, tile backsplash & pops of chic Hawaiian themed touches. Recent CapX includes new windows, 30 year TPO roof & updated plumbing throughout. Coin Op laundry provides additional income. In a world of bland & drab apartment buildings-be an Aloha House... don't miss this unique turnkey investment!

    Zillow last checked: 7 hours ago

    Listing updated: September 05, 2024 at 05:48am

    Listed by:

    Charles Burnett,

    Keller Williams Seattle Metro,

    Chelsea Shapiro Davenport,

    Keller Williams Seattle Metro

    Bought with:

    Kai Qin, 137652

    Skyline Properties, Inc.

    Source: NWMLS,MLS#: 2206896MLS Logo

    Facts & features

    Interior

    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • None
    Features
    • Flooring: Bamboo/Cork, Concrete, Engineered Hardwood, Laminate
    • Windows: Thermal Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 5,800
    • Total interior livable area: 5,800 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Open
    • Carport spaces: 2
    • Uncovered spaces: 6
    Features
    • Patio & porch: Concrete, Bamboo/Cork, Laminate Hardwood
    • Has view: Yes
    • View description: City
    Lot
    • Size: 8,001 sqft
    • Features: Paved, Sidewalk
    Details
    • Parcel number: 8902500007
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Cement/Concrete, Stucco
    • Foundation: Poured Concrete
    • Roof: Flat
    Condition
    • Good
    • Year built: 1962
    • Major remodel year: 1993

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Public
    Green energy
    • Energy efficient items: Thermal Windows

    Community & neighborhood

    Location
    • Region: Seattle
    • Subdivision: Seattle

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 372 days
    Services availability
    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $1,952,500
    2% more+ $39,050
    With Zillow Showcase(estimated)
    $1,991,550