Provided by NWMLS, Listed by Keller Williams Seattle Metro

Active

2460 NE Northgate Way

Seattle WA, 98125

$2,190,000


$377.59 per sqft

Active

5,800 sqft

Multi-family

Built in 1962

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!

2206896

MLS ID

March 7, 2024

Listed

April 12, 2024

Updated

Map

2460 NE Northgate Way
Seattle WA, 98125

Interior Features

Total Stories

2


Interior Features

Bamboo/Cork, Concrete, Laminate Hardwood


Floor Description

Bamboo/Cork, Concrete, Engineered Hardwood, Laminate


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Unit(s)

Exterior/Building Features

Lot Size

0.18 Acres


Exterior Features

Cement/Concrete, Stucco


Lot Features

Paved, Sidewalk


Roof

Flat


Sewer

Sewer Connected

School Information

School District

Seattle


High School

Buyer To Verify


Elementary School

Buyer To Verify

Other Property Details

Area Name

710 - North Seattle


Taxes

$17,536


Tax Frequency

Annually


Garage

No


Parking Total

8


View

Yes


View Description

City


County

King


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/9/2024

Price Change

$2,190,000

-3%

The IDX display contains information sourced from the Northwest Multiple Listing Service as of 4/29/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northwest Multiple Listing Service all rights reserved.

Data last updated on 4/29/2024 at 10:00 AM UTC 

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