Bought with Westlake Associates, Inc.
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Key Details
Sold Price $2,135,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,095 sqft
Price per Sqft $211
Subdivision Lake City
MLS Listing ID 1659043
Sold Date 11/30/20
Style 56 - 10+ Units
Year Built 1967
Annual Tax Amount $26,000
Lot Size 9,900 Sqft
Property Description
Tremendous opportunity to own maintained Lake City 11 Plex located in between future Northgate and 145th Light Rail Stations. Lake City Way is blocks away and provides access to every major busline as well. Significant ROI potential, future development in the area and minor updates will improve value. Five two bedroom and six one bedroom units, shared laundry and storage units provide additional income. Built in 1967 with effective rebuild date of 1992. First time on the market in 25 years.
Location
State WA
County King
Area 710 - North Seattle
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Cable Connected, High Speed Internet, Sewer Connected, Electric
Amenities Available Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
View Y/N No
Roof Type Flat
Building
Lot Description Paved, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools John Rogers
Middle Schools Jane Addams
High Schools Nathan Hale High
School District Seattle
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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