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!
Sold
Listed by:
Charles Burnett,
Keller Williams Seattle Metro,
Chelsea Shapiro Davenport,
Keller Williams Seattle Metro
Bought with: Skyline Properties, Inc.
$2,000,000
2460 NE Northgate Way, Seattle, WA 98125
--beds
--baths
5,800sqft
Multi Family
Built in 1962
-- sqft lot
$1,950,900 Zestimate®
$345/sqft
$2,617 Estimated rent
Owner options
What's special
Zillow last checked: 8 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#: 2206896
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
Sell with ease on Zillow
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$1,950,900
2% more+$39,018
With Zillow Showcase(estimated)$1,989,918