940 N 103rd Street Seattle, WA 98133
Listing Courtesy of: Northwest MLS / Wpi Real Estate Services, Inc.

  940 N 103rd Street Seattle, WA 98133

Pending (63 Days)
$1,595,000

Description

Here is the opportunity to expand your investment portfolio with a well qualified asset that has seven (7), 2br 1 bath units, and one (1) , 1br 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. The property is a 6.0 Cap at $1,500.00 2br rents and $970 for the One Bedroom with 30% expenses. Paved walkways, exterior lighting, fully fenced in the front and both sides with gate to alley in back with laundry access. All rents need to be raised to market rent on turn over. See attached rent roll. LONG term tenants Spacious 80' wide by 95' long lot for future development. Ground floor units have direct access/exit to laundry room

MLS #:
2296058
Taxes
$17,319(2024)
Lot Size
7,688 SQFT
Type
Multifamily
Year Built
1966
Style
5-9 Units
School District
Seattle
County
King County
Community
Seattle

Listed By

Tom Bates, Wpi Real Estate Services, Inc.
Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 30 2024 at 4:49 PM GMT+0000
Bathroom Details
Interior Features
  • Laminate
  • Laminate Hardwood
  • Wall to Wall Carpet
Subdivision
  • Seattle
Lot Information
  • Alley
Property Features
  • Fenced-Partially
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard
Flooring
  • Laminate
  • Vinyl
  • Carpet
Exterior Features
  • Wood
  • Wood Products
  • Roof: Composition
  • Roof: Flat
  • Roof: Torch Down
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
  • Energy: Green Verification:, Green Efficiency:, Green Generation:
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 24, 2024
Price Changed
$1,595,000
-6%
-100,000
Sep 27, 2024
Original Price
$1,695,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 12/30/24 08:49. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.