Incredible value-add multifamily opportunity in Seattle's highly sought-after Northgate neighborhood! This turn-key 6-unit building features a fantastic unit mix of four 2-bed/1-bath units and two 1-bed/1-bath units, situated back off a quiet residential dead-end street north of Green Lake. Multiple units have been beautifully and tastefully updated, including a recent comprehensive remodel of Unit 2. Every unit offers modern conveniences including in-unit washers/dryers, dishwashers, private decks, storage lockers, and dual-pane vinyl windows. 100% occupied with stable cash flow and rents still sitting below market potential. Features an attractive, low-maintenance exterior, 6 dedicated parking spaces (including 4 carport spots), and a fire sprinkler system. Unbeatable location within walking distance to the Northgate light rail/bus lines, shopping, dining, and easy I-5 access. Perfect for an investor looking for a high-performing asset in a premier rental market!
| MLS # | 2534680 |
|---|---|
| Listing Type | For Sale |
| Building Name | OAK LAKE VILLA TRS |
| Sub-Type | Resale |
| Status | Active |
| Year | 1978 |
| Days On Site | 147 |
| Listing Provided By | WPI Real Estate Services, Inc. | Wei Song |
| SQ Feet | 4,157 |
|---|---|
| Car Port | Yes |
| Story(s) | 3 |
| Units | 6 |
| Zoning | Multi-Family |
| Acreage | 0.09 |
| Property View | Yes |
| Property | 14675 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98133 |
| Area | 705 Ballard | Greenlake |
| Community Name | Northgate |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Northgate) | |
Price: $1,499,500 low | high Med: $572,450 sqft: 4,157 low | high Med: 1,315 $ / sqft: $361 low | high Med: $435 On site: 147 low | high Med: 72.5 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98133 |
| Area | 705 Ballard | Greenlake |
| Community Name | Northgate |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Northgate) | |
Price: $1,499,500 low | high Med: $572,450 sqft: 4,157 low | high Med: 1,315 $ / sqft: $361 low | high Med: $435 On site: 147 low | high Med: 72.5 | |