Bought with Al Mayes Properties Hawk LLC
$2,349,000
$2,450,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
8820 Stone AVE N Seattle, WA 98103
16 Beds
14 Baths
6,558 SqFt
Key Details
Sold Price $2,349,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,558 sqft
Price per Sqft $358
Subdivision Licton Springs
MLS Listing ID 2297074
Sold Date 01/30/25
Style 55 - 5-9 Units
Bedrooms 16
Year Built 1991
Annual Tax Amount $18,384
Lot Size 6,938 Sqft
Property 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.
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Fenced-Partially
View Y/N No
Roof Type Composition
Building
Lot Description Paved, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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