- For Sale $280.61/SF
- Property Type Multi-Family
- Property Size 5,684 SF
- Units 8
- Lot Size 0.18 Acre
- Cap Rate % 4.1
- Rental Income / YR 115344
- NOI / YR 65277
- Taxes / YR 17319
- Additional Rent Contact for pricing
- # of Floors 2
- Average Floor Size 3,000 SF
- Parking Spaces Avail. 12
- Parking Ratio 2.11 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 1966
- Year Renovated 1992
- Date Updated Oct 27, 2024
Here is the opportunity to expand your investment portfolio with a well qualified asset that has Seven, 2br 1 bath units, and One, 1 bedroom 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. Upper units have exposed wood ceilings. The property is a 6.0 cap with 2 br units all at $1,500.00 and the 1 br at $970 and 30% expenses. All rents need to be raised to market rent. Some Long term tenants that have not had rent raises in years. Nice lot for future develpment with excellent alley access. ( Lot is 80' x 95' ) Ground floor units also have direct acces to laundry room and 2nd exit via laundry room.
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Attachments
Highlights
- 940 N. 103rd St, Seattle WA, 98133
- On site laundry // Fully fenced //
False
Contacts
Location
Getting Around
-
Walk Score ®
85/100 Very Walkable -
Transit Score ®
61/100 Good Transit -
Bike Score ®
70/100 Very Bikeable
- City Seattle, WA
- Neighborhood Greenwood
- Zip Code 98133
- Market Seattle
Points of Interest
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Northgate
0.81 miles
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U District
3.35 miles
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University of Washington
4.20 miles
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Fairview & Campus Drive
5.30 miles
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Westlake & Mercer
5.51 miles
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Westlake & Thomas
5.71 miles
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Terry & Thomas
5.71 miles
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Westlake & Denny
5.95 miles
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Capitol Hill
5.97 miles
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Capitol Hill Station
6.01 miles
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Arco
0.12 miles
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76
0.46 miles
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Shell
0.61 miles
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Chevron
0.73 miles
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Northgate Supercharger
0.85 miles
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eVgo
0.95 miles
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Electrify America Charging Station
1.02 miles
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Chargepro
1.30 miles
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ChargePoint
2.66 miles
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Volta
2.81 miles
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Lot M
0.68 miles
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Lot L
0.72 miles
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DSHS & Worksource Client Parking
0.72 miles
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Lot J
0.75 miles
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Lot I
0.78 miles
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Lot K
0.79 miles
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Lot H
0.79 miles
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Lot A
0.79 miles
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Northgate Park and Ride Lot
0.81 miles
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Northgate Station Parking Garage
0.83 miles
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Columbus Motor Inn
0.32 miles
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Crown Inn
0.38 miles
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Courtyard Seattle Northgate
0.58 miles
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Days Inn
0.61 miles
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Oak Tree Motel
0.72 miles
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Hotel Nexus
0.72 miles
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The Motel Georgian
0.75 miles
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Nites Inn Motel
0.82 miles
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Hampton Inn & Suites
0.88 miles
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Travelodge by Wyndham Seattle North of Downtown
0.88 miles
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Beni
0.04 miles
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Good Guys Pizza
0.06 miles
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China Dragon
0.08 miles
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IHOP
0.12 miles
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Oak Tree Teriyaki
0.14 miles
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Wingstop
0.15 miles
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Shandong Bao House
0.16 miles
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Mandarin Gate
0.17 miles
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Emerald City Smoothie
0.19 miles
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Burgermaster
0.20 miles
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Epic Life Academy
0.22 miles
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Seattle Area German School
0.56 miles
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North Seattle College
0.62 miles
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Robert Eagle Staff Middle School
0.63 miles
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Cascadia Elementary School
0.72 miles
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Christ the King Elementary School
0.76 miles
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Viewlands Elementary School
0.78 miles
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Pima Medical Institute
0.90 miles
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Brightmont Academy
1.00 miles
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Northgate Elementary School
1.06 miles
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The Early Learning and Development Center
0.22 miles
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Northwest Center Kids
0.57 miles
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Veranda Montessori
0.72 miles
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Northgate KinderCare
1.15 miles
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Willow Tree
1.66 miles
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Whizz Kids Academy
1.69 miles
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Victory Heights Co-Op Preschool
1.76 miles
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Early Learning and Development Center
1.77 miles
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Agape Childcare Center
2.31 miles
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Agape Infant Through Preschool Center
2.32 miles
Frequently Asked Questions
How much does 940 N 103rd St cost?
The space currently listed for sale at 940 N 103rd St asks for $280.61/SF.
What is the total square footage of 940 N 103rd St?
940 N 103rd St totals 5,684 square feet.
When was this property built?
940 N 103rd St was built in 1966.
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Contact Listing Broker
Tom Bates
WPI Real Estate Services Inc