8600 Aurora Ave N

Seattle, WA 98103
  • $3,395,000
  • STATUS: Active
  • ON SITE: 544 days
  • ID#: 887848
UPDATED: 17 min ago
$3,395,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,671
    SQFT
  • $351
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1952
County:

School Ratings & Info

School District:
Listing Courtesy of Re/Max On The Lake.

Description

The Aurora Apartments are located on Aurora avenue between Green lake and Northgate with easy access to all parts of the City. 24 units with great cash flow as-is and hold for future development. Great visibility with a 19,933 C1-65 zoned lot. 100 feet frontage on Aurora and the lot is street to street with 22 parking stalls on site. Operating statement is actual at 5.6 Cap rate. With commercial spaces leased the Cap rate is 6.8

The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-07-23T08:14:41.18.

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www.home4investment.com/homes/59242310

8600 Aurora Ave N Seattle, WA 98103

  • Price: $3,395,000
  • Status: Active
  • Updated: 17 min ago
  • ID#: 887848
0
Beds
0
Baths
0
½ Baths
0.46
Acres
9,671
SQFT
$351
$/SQFT
1952
Built
Neighborhood:
Seattle
County:
King
Area:
Ballard/Greenlake
School District:
Seattle
Property Description
The Aurora Apartments are located on Aurora avenue between Green lake and Northgate with easy access to all parts of the City. 24 units with great cash flow as-is and hold for future development. Great visibility with a 19,933 C1-65 zoned lot. 100 feet frontage on Aurora and the lot is street to street with 22 parking stalls on site. Operating statement is actual at 5.6 Cap rate. With commercial spaces leased the Cap rate is 6.8
Exterior Features

Building Condition Average Carport Spaces 0 Exterior Cement/ConcreteWood Foundation Post & BlockPoured Concrete Garage Spaces 0 Lot Details CurbsPaved StreetSidewalk Lot Dimensions 100 X 186 Roof CompositionTorch Down Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 21 Uncovered Spaces 21 View City

Interior Features

Floor Covering Laminate HardwoodVinylWall to Wall Carpet Heating And Cooling BaseboardRadiator Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Sq Ft 480 Unit2 Bathrooms 0.75 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Sq Ft 242 Unit3 Bathrooms 0.75 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Sq Ft 333 Unit4 Bathrooms 0.75 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Sq Ft 333 Unit5 Bathrooms 0.75 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 242 Unit6 Bathrooms 0.75 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 242 Units Below Grade N

Property Features

Amenities Coin Op Laundry Bank Owned No Cap Rate 5.60 Electrical Expenses 0 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided General Zoning Classification CommercialMulti-Family Gross Adjusted Income 271944 Gross Rent Multiplier 0 Gross Scheduled Income 271944 Heating Expenses 7752 Hers Index 0 Home Owner Dues 0 Insurance Expenses 8112 Leased Items None Net Operating Income 189522 New Construction YN No Other Expenses 30480 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Site Features Cable TVHigh Speed Internet Tax Amount 14316 Tax Year 2016 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 82392 Total Expenses TEX 82392 Total Monthly Income 22662 Unit1 Monthly Rent 1140 Unit2 Monthly Rent 900 Unit3 Monthly Rent 1000 Unit4 Monthly Rent 1250 Unit5 Monthly Rent 1025 Unit6 Monthly Rent 1015 Vacancy Rate 0 Water Sewer Garbage 21732

Listing information © 2017 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Ben Kinney Real Estate Team - Keller Williams Western Realty and should be verified by the buyer.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-07-23T08:14:41.18.

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Ben Kinney Real Estate Team - Keller Williams Western Realty
2211 Rimland Drive Suite 124
Bellingham WA, 98226
Listing Courtesy of Re/Max On The Lake.