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Listed by: Seth Raddue, Aris360, 425-455-8497, Listing Courtesy of NWMLS
$2,099,000
●
Multifamily -
For Sale
9632 Aurora Ave N
Seattle, WA 98103
Studio
0 Bath
$12,090
Estimated Monthly
-0.25%
Cap Rate
About This Property
Exceptional 16-Unit Investment Opportunity 5.08% Cap Rate.
Remarkable investment opportunity with this fully occupied 16-unit
building, strategically positioned in a prime North Seattle
location. Boasting a strong 5.08% cap rate, this property offers a
solid return on investment. recent upgrades in many units,
new roof installed on 1.15.2024, prime location less than 2 miles
to Green Lake and within walking distance to NSCC. Positioned on a
large corner lot, Highway 99, zoned NC3P75, ideal for future
development potential. This investment is not just profitable but
also ideally located, perfect for sustained occupancy and growth.
Act now to secure this outstanding property in a high-demand area!
Unit Size
-
Days on Market
65 days
Land Size
0.13 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,783
HOA Dues
-
Year Built
1944
Listed By
Last updated: 20 days ago (NWMLS #NWM2223676)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2024 | Back on market | - | |
| Back on market | |||
| May 25, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 26, 2024 | Price Decreased |
$2,099,000
↓ $151K
(6.7%)
|
|
| Price Decreased | |||
| Apr 23, 2024 | Price Increased |
$2,250,000
↑ $151K
(7.2%)
|
|
| Price Increased | |||
| Apr 19, 2024 | Price Decreased |
$2,099,000
↓ $151K
(6.7%)
|
|
| Price Decreased | |||
Show More
Property Highlights
Parking Details
Total Number of Parking: 16
Interior Details
Interior Information
Interior Features: Ceramic Tile, Wall to Wall Carpet
Flooring Type: Ceramic Tile, Vinyl, Carpet
Exterior Details
Property Information
Style Code: 56 - 10+ Units
Property Type: Residential Income
Property Sub Type: Multi-Family
Property Condition: Good
Year Built: 1944
Year Built Effective: 1980
Energy Source: Electric
Building Information
Structure Type: Multi Family
Building Area Units: Square Feet
Roof: Composition, Flat
Exterior Information
Exterior Features: Stucco
Lot Information
Lot Size Acres: 0.1295
Lot Size Square Feet: 5640
Elevation Units: Feet
Financial Details
Tax Year: 2024
Tax Annual Amount: $21,399
Utilities Details
Water Company: Seattle Public Utilites
Power Company: Seattle City Light
Sewer Company: Seattle Public Utilites
Heating: Yes
Sewer : Sewer Connected
Location Details
Directions: Google/Apple Maps
Other Details
Selling Agency Compensation: 2.5
On Market Date: 2024-04-15
9632 Aurora Ave N
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$1,730,000
Mar 25, 2024
$1,730,000
Apr 1, 2024
$1,189/mo
House
4
Beds
4
Baths
-
$2,300,000
Jun 8, 2023
$2,300,000
Jun 30, 2023
$1,263/mo
Condo
5
Beds
5
Baths
-
$2,104,000
Jan 18, 2024
$2,104,000
Mar 15, 2024
$52/mo
House
5
Beds
4
Baths
-
$2,195,000
Nov 18, 2023
$2,195,000
Feb 8, 2024
$400/mo
House
4
Beds
5
Baths
-
$2,150,000
Apr 25, 2024
$2,150,000
May 23, 2024
$445/mo
House
6
Beds
5
Baths
-
$1,999,999
Jun 15, 2023
$1,999,999
Jul 20, 2023
$381/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
01/11/2024
|
|
Studio
|
-
|
-
|
$2,850,000
Studio
-
|
-
-
|
-
|
Bianca Barr
RE/MAX Alliance
|
|
05/30/2015
|
|
Studio
|
-
|
-
|
$1,380,000
Studio
-
|
$1,300,000
-5.80%
02/04/2016
|
Shui Huang
Century 21 Northwest
|
Building Info
9632 Aurora Avenue North
9632 Aurora Avenue North, Seattle, WA 98103
- 1 Unit for Sale
About Northgate
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Listed by: Seth Raddue
Listed Office: Aris360 - Listing courtesy of NWMLS
Phone: 425-455-8497
Last Updated: 2024-05-30 06:08:53
Data Source: NWMLS, MLS# NWM2223676
Details provided by NWMLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Aris360 - Listing courtesy of NWMLS
Phone: 425-455-8497
Last Updated: 2024-05-30 06:08:53
Data Source: NWMLS, MLS# NWM2223676
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by RH Advisors, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
