940 N 103rd Street
Seattle, WA 98133
5684 sqft | 0.18 acres | #2296058
Description
Here is the opportunity to expand your investment portfolio with a well qualified asset that has seven (7), 2br 1 bath units, and one (1) , 1br 1 bath unit. On site coin op laundry room. 3-4 units have been "Refreshed" on turn over. Parking in the alley and in front of the building. Two units have fireplaces. The property is a 6.0 Cap at $1,500.00 2br rents and $970 for the One Bedroom with 30% expenses. Paved walkways, exterior lighting, fully fenced in the front and both sides with gate to alley in back with laundry access. All rents need to be raised to market rent on turn over. See attached rent roll. LONG term tenants Spacious 80' wide by 95' long lot for future development. Ground floor units have direct access/exit to laundry room
Property Details
- InteriorLaminate, Laminate Hardwood, Wall to Wall Carpet
- Exterior MaterialsWood, Wood Products
- Date ListedSeptember 27, 2024
- Exterior FeaturesFenced-Partially
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Style55 - 5-9 Units
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- Original List Price$1,695,000
- SubdivisionSeattle
- School DistrictSeattle
- Taxes Annual$17,319
- MLS #2296058
- Cost1595000
- MLS #2296058
- Acres0.1765
- Utility SourcePublic
- Lot DescriptionAlley
- Square Feet5684
- Year Built1966
- CountyKing
- Days on Market (Cumulative)66
- Stories2
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-12-18 06:57:08. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Tom Bates (#NWM69493)
Listing Office: WPI Real Estate Services, Inc. (#NWM7101)
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.