$2,450,000
For Sale

8820 Stone Avenue N

Seattle, WA 98103
6558 sqft | 0.16 acres | #2297074
Listing OfficeWestlake Associates, Inc.
Browse 10 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Located in the up-and-coming neighborhood of North Green Lake, this 7-unit apartment is on the market for the first time since the current owner had it built in 1991. This property offers investors the opportunity to own and manage an easily maintained and easy to rent building with immediate rental upside and value-add potential. Each unit is spacious and has their own washer/dryer. The basement also has a laundry area that all tenants have access to. Over the years the units have been updated with new carpets, paint and appliances when needed. Located 2 blocks from a major transit line, quick and easy access to I-5 and Hwy 99, and less than a 5-minute drive to Northgate Mall and the new Light Rail Station.

  • Property Details
      • Lot DescriptionPaved, Sidewalk
      • Exterior FeaturesFenced-Partially
      • Date ListedOctober 01, 2024
      • Sewer InformationSewer Connected
      • Style55 - 5-9 Units
      • SubdivisionLicton Springs
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • Original List Price$2,700,000
      • School DistrictSeattle
      • Taxes Annual$18,384
      • MLS #2297074
      • Cost2450000
      • MLS #2297074
      • Acres0.1593
      • Exterior MaterialsWood
      • Square Feet6558
      • Year Built1991
      • CountyKing
      • Days on Market (Cumulative)80
      • Stories3
Real Property Associates, Inc.
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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