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8214 Greenwood Ave N

Seattle, WA 98103 View Map $5,750,000 Schedule a Tour
Sq.Ft.14,030
Year1912
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Conor MacEvilly

Conor MacEvilly

(206) 349-8477
 
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Status: Active
Listing Office:Paragon Real Estate Advisors
Property Type:Multi-Family
MLS ® #:1763776
Sq. Feet:14,030
On Site:16 Days
Lot Size:12,628 Sq. Ft.
County:King
Trophy mixed use building located at 83rd and Greenwood. Property consists of 7 apartments plus 4 retail spaces (equivalent to 12 units) The building systems and units have experienced extensive upgrades. Commercial spaces are leased by well known established business with leases renewing mid 2021 thru 2023. Potential exists to develop on the lot or add units in the basement area (buyer to verify). This building offers the chance to purchase a well-known Seattle building with significant rental upside and possible future development potential. Financials shown are based on proforma figures and could be achieved over the course of the next couple of years.

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$000 Monthly Payment
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Community Information

Address:8214 Greenwood Ave N Seattle, WA 98103
County:King
City:Seattle
School District:Seattle
Subdivision:Greenwood
Zip Code:98103

Architecture

Year Built:1912
Stories:2
Possible Use: Commercial, Multi-Family, Retail
Building Style: 10+ Units
Roof: Flat
Foundation: Poured Concrete
Open Parking Spaces: 19
Parking Total: 19

Features / Amenities

Total Sq. Ft.:14030
Exterior Features: Wood, Wood Products
Heating Cooling Type: Baseboard

Property Features

Lot Size: 0.29 Acres / 12,628 Sq. Ft.
Utilities: Sewer Connected, Electricity Available
Sewer: Sewer Connected
Directions:From I5 take the exit for N 85th. Merge onto N 85th towards Aurora. Left on Greenwood. Property is on the left.

Tax and Financial Info

Tax Year: 2021
Tax Annual Amount: $34,577
Insurance Expense: $9,092
Net Income: $323,828
Listing Terms: Cash Out, Conventional
Total Monthly Income: $34,609
Net Operating Income: $323,828
Total Expenses: $70,714
Offers: Seller intends to review offers upon receipt
Possession: Closing, Tenant's Rights

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8214 Greenwood Ave N Seattle, WA 98103
GO SEE THIS LISTING
8214 Greenwood Ave N Seattle, WA 98103
 
ASAP
Thu
13
May
Fri
14
May
Sat
15
May
Sun
16
May
Mon
17
May
Tue
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May
Wed
19
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Choose Your Date -- It's Free, Cancel Anytime
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All listings featuring the icon are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2021. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Keller Williams Realty Greater Seattle and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing information last updated on May 12, 2021 at 9:30 AM PST.