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6710 Greenwood Ave N
Seattle, WA 98103 Phinney Ridge

$2,695,000 USD

Apartments For Sale • 5,040 SF

Property Details

Property Type Apartments
Total Building Size 5,100 SF
Lot Size 0.11 AC
Building Class C
Year Built 1904
Cap Rate 5.74 %
Zoning NC2-55 (M)

47 Transit Score

89 Walk Score

                
                    Highlights
                
                                Excellent Phinney Ridge location – Walk score of 89 - Walkable to numerous restaurants, coffee shops, grocery, and other services
                            
                                All fully remodeled condo-quality 2-bedroom/2-bath units – Average size of 850 SF with in-unit laundry and dishwashers
                            
                                Current 5.7% cap rate with easily achieved upside - Most recently rented unit achieved $3,395
                            
                                Like new – All systems completely updated, brick veneer building will never need to be painted
                            
                                On-site parking for 5 cars
                            
                                Direct transit access to Downtown Seattle, Fremont, and Shoreline; Easy commute to Downtown Seattle, SLU, and Eastside from I-99 and I-5

Property Flyers

Alchemy Apartments

Financial Summary (Actual)

Net Operating Income: $154,768 USD (2025)

Cap Rate:	5.74 %
Total Expenses:	$57,338 USD

Amenities

Dishwasher
Washer/Dryer
Vintage Building
Kitchen
Hardwood Floors
Refrigerator
Tub/Shower
Public Transportation

Public Transportation

Commuter Rail	Drive	Walk	Distance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	15 min	-	7.2 mi
Airport	Drive	Walk	Distance
Seattle-Tacoma International	33 min	-	18.5 mi
Seattle Paine Field International	33 min	-	19.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	5
Type:	Surface
Included in Rent:	Yes

Dan Swanson 425-444-6501 Kidder Mathews

6710 Greenwood Ave N Seattle, WA 98103 Phinney Ridge