8600 Aurora Ave N, Seattle, WA 98103

$3,750,000
9,671
SqFt

Listing courtesy of RE/MAX Northwest Realtors.

List Price
$3,750,000
Status
ACTIVE
MLS#
1252682
Price Change
▼ $50,000 1539217792
Days on Market
318
Style
56 - 10+ Units
Building Condition
['Average']
Finished SqFt
9,671
Lot Size (sq ft)
19,993

Property Description

The 8600 Aurora Apartments /Commercial are located on Busy Aurora Ave N . with easy access to all parts of the city. Great steady income as-is or redevelop the property . Great visibility on busy Aurora Ave with a 19,933 lot and C1 -65 Zoning. 100 ft frontage on Aurora and the lot is street to street with Nesbit Ave N on the east side also with 100 ft of frontage. 22 on-site parking stalls. Operating statement is actual with a 6 CAP. Newer windows and many new updates .

Additional Information

List Date
2018-03-05 00:00:00
Community
Seattle
Property Type
MULT
Units
24
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1952
Total Parking
21
Uncovered Parking
21
View
City
Exterior
Cement/Concrete, Wood
Roof
Composition, Torch Down
Site Features
Cable TV, High Speed Internet
Lot Details
Curbs, Paved Street, Sidewalk
School District
Seattle
Total Monthly Income
$26,753
Gross Scheduled Income
$321,036
Gross Adjusted Income
$321,036
Annual Taxes
$17,727
Tax Year
2018
Insurance Expense
$5,281
W/S/G Expenses
$27,417
Total Expenses
$92,382
Net Operating Income
$228,654
Gross Rent Multiplier
12
Cap Rate
6

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
480
Unit 1 Rent
$1,140
Unit 2 Beds
1
Unit 2 Size
242
Unit 2 Rent
$900
Unit 3 Beds
1
Unit 3 Size
333
Unit 3 Rent
$1,000
Unit 4 Beds
1
Unit 4 Size
333
Unit 4 Rent
$1,250
Unit 5 Size
242
Unit 5 Rent
$1,150
Unit 6 Size
242
Unit 6 Rent
$1,075
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. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks