Bought with John L. Scott, Inc.
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9056 3rd AVE NW Seattle, WA 98117
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Key Details
Sold Price $1,025,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,990 sqft
Price per Sqft $515
Subdivision Greenwood
MLS Listing ID 1893406
Sold Date 03/31/22
Style 54 - 4-Plex
Year Built 1916
Annual Tax Amount $6,909
Lot Size 2,980 Sqft
Lot Dimensions 2980
Property Description
A great opportunity for an investor or an owner occupy. Well located Greenwood Fourplex situated on corner lot. 3 – 1bd/1bth units and 1 Studio averaging 500 sqft each. Partial updates with an opportunity to completely renovate units. Long term tenants with achievable rents 20% above current leases. Current Cap is 5% with market being 5.6%. Within walking distance of Greenwood Ave with several parks, restaurants and other amenities. Basement storage units available that currently are not being charged along with common laundry. Close proximately to Seattle’s most desirable neighborhoods including Ballard, Fremont, South Lake Union.
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Flooring Ceramic Tile, Hardwood, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Cable Connected, High Speed Internet, Sewer Connected, Electric
Amenities Available Cable TV, High Speed Internet
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA
Listing Terms Cash Out, Conventional, FHA
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