Seattle, WA 98125,2460 NE Northgate WAY
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Seattle, WA 98125,2460 NE Northgate WAY
Seattle, WA 98125,2460 NE Northgate WAY
Seattle, WA 98125,2460 NE Northgate WAY
Seattle, WA 98125,2460 NE Northgate WAY
Listed by Keller Williams Seattle Metro
Bought with Skyline Properties, Inc.

$2,000,000

Est. payment /mo

$2,190,000

8.7%
Est.Price: ?

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2460 NE Northgate WAY Seattle, WA 98125

5,800 SqFt

SOLD DATE : 07/12/2024

Key Details

Sold Price $2,000,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,800 sqft

Price per Sqft $344

Subdivision Seattle

MLS Listing ID 2206896

Sold Date 07/12/24

Style 56 - 10+ Units

Year Built 1962

Annual Tax Amount $17,536

Lot Size 8,000 Sqft

Property Description

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!

Location

State WA

County King

Area 710 - North Seattle

Interior

Interior Features Concrete, Bamboo/Cork, Laminate Hardwood

Flooring Bamboo/Cork, Concrete, Engineered Hardwood, Laminate

Fireplace Yes

Exterior

Exterior Feature Cement/Concrete, Stucco

Waterfront No

View Y/N Yes

View City

Roof Type Flat

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

Lisa Carlson

Managing Broker | License ID: 18647

+1(425) 750-3509

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