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319 N 105th St

Seattle, WA 98133

$1,175,000

Apartments For Sale  •  3,288 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 3,288 Sq Ft
  • Lot Size 0.11 ac
  • Building Class C
  • Year Built 1960
  • Cap Rate 4.49 %
  • Zoning C1-55(M)
57 Transit Score
80 Walk Score

Description

4-unit apartment building located in the desirable Greenwood neighborhood. Quick access Ballard, Northgate, Fremont and the CBD via I-5 and Aurora Avenue. All 2-bedroom units with modern floor plans, common laundry room, 5 tandem parking spaces, and great rental upside. Building has been freshly painted and is poised for future appreciation. Current rents are well below market levels. Hala upzone to C1-55(M).

Highlights

All 2BD/1BTH units
Common Laundry
Ample on-site parking
Great upside
Potential to add a unit
Recent HALA upzone to C1-55(M)

Property Flyers

Financial Summary (Actual)

Net Operating Income: $52,816 (2018)
Cap Rate: 4.49 %

Amenities

  • Dishwasher
  • Hardwood Floors
  • Double Pane Windows
  • Patio

Public Transportation

Commuter RailDriveWalkDistance
Edmonds Station Commuter Rail (Sounder South Line) 22 min - 9.2 mi
King Street (Seattle) Station Commuter Rail (Sounder South Line) 14 min - 9.7 mi
AirportDriveWalkDistance
Seattle-Tacoma International Airport 26 min - 21.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Nick Hemming 206-812-9105 Paragon Real Estate Advisors
Nick Hemming 206-812-9105 Paragon Real Estate Advisors