2460 NE Northgate Way
Seattle, WA 98125
- – beds
- – baths
- 5,800 sqft
- 8,000 sqft lot
- $344 per sqft
- 1993 build
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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!
Last checked:
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Checking…
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Last updated Sep 5, 2024
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MLS# 2206896 —
The Building
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Year Built:1962
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Year Built:1993
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Multi Family
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Roof:Flat
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Foundation Details:Poured Concrete
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Exterior Features:Cement/Concrete, Stucco
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Units In Building Total:10
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# of Units Total:10
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Stories Total:2
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Building Area Total:5800
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Building Area Units:Square Feet
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Calculated SqFt:5800
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Green Energy Efficient:Thermal Windows
Interior
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Interior Features:Concrete, Bamboo/Cork, Laminate Hardwood
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Flooring:Bamboo/Cork, Concrete, Engineered Hardwood, Laminate
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Fireplace:false
Financial & Terms
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Possession:Closing, Tenant's Rights
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Buyer Financing:Conventional
Location
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Latitude:47.710155
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Longitude:-122.301361
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Directions:From S. Seattle, head N on I-5, and take exit 171 for WA-522 E. Keep N and merge left onto 24th Ave NE, then turn right to NE Northgate Way. Property will be on your left.
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Property Condition:Good
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Parcel Number:8902500007
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Lot Features:Paved, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Acres:0.1837
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Lot Size SqFt:8000
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Lot Size Source:Realist
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Zoning Class:Commercial,Multi-Family,Residential
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Zoning Jurisdiction:City
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View:City
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View:true
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Waterfront:false
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Possible Use:Commercial, Multi-Family, Residential
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 935-3442
- Office phone:
- (206) 935-3442
Taxes
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Tax Year:2023
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Tax Annual Amount:17536
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Wall Unit(s)
Utilities
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Water Source:Public
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Sewer:Sewer Connected
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Water Sewer Garbage:9240
Schools
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Elementary School:Buyer To Verify
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Middle Or Junior School:Buyer To Verify
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High School:Buyer To Verify
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High School District:Seattle
The Community
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Subdivision Name:Seattle
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Amenities:Coin Op Laundry,Storage,Thermal Windows
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Senior Community:false
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Association:false
Parking
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Parking Total:8
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Parking Uncovered Spaces:6
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Open Parking:true
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Open Parking Spaces:6
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Carport Spaces:2
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Carport:false
Listing courtesy of NWMLS / Keller Williams Seattle Metro. Bought with Skyline Properties, Inc..
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/12/24
Jul 12, 2024
|
Sold | NWMLS | $2,000,000 | -8.7% |
|
5/2/24
May 2, 2024
|
Pending | NWMLS | $2,190,000 | |
|
4/9/24
Apr 9, 2024
|
Price Changed | NWMLS | $2,190,000 | -2.7% |
