13717 32nd Avenue NE, Seattle, WA 98125

$1,250,000
6,184
SqFt

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Listing courtesy of Next Horizon Realty.

List Price
$1,250,000
Status
ACTIVE
MLS#
2445016
Price Change
▼ $149,000 1777089281
Days on Market
198
Style
55 - 5-9 Units
Building Condition
Good
Finished SqFt
6,184
Area Total SqFt
6184
Annual Tax Ammount
14041
Lot Size (sq ft)
6,384
Sewer
Sewer Connected

Property Description

This beautiful property is located in the Lake City neighborhood just a few block from main arterial Lake City Way NE . Lake City Way NE showcases demographic growth with increased housing demand. This property is adequately 100% rented on a sub-normal rent rate. Area features efficient transit options and close to major employment centers. King County Metro serves frequently to Seattle Downtown as well as Bothell Eastside as well as other tourists places such as shopping malls , Burke Gillman trails, University of Washington as well as Seattle Downtown. Well maintained property with new carpet in the common areas . Stable cash flow opportunity. Building is sold as is. Buyer to do the own due diligence .

Additional Information

List Date
2026-01-09 22:58:10
Community
Lake City
Net Operating Income
$67,569
Gross Adjusted Income
$98,064
Gross Scheduled Income
$98,064
Total Monthly Income
$8,172
Insurance Expenses
$4,000
Water/Sewer/Garbage Expenses
$11,304
Gross Rent Multiplier
5.9
Total Expenses
$30,495
Cap Rate
5.4
Total Number of Units
8
Unit Name
13717
Potential Terms
Conventional
Year Built
1969
Roof
Torch Down
Electric Expenses
845
Other Expenses
305
Energy Source
Electric
School District
Seattle
Total Monthly Income
$8,172
Gross Scheduled Income
$98,064
Gross Adjusted Income
$98,064
Tax Year
2024
Insurance Expense
$4,000
W/S/G Expenses
$11,304
Total Expenses
$30,495
Net Operating Income
$67,569
Gross Rent Multiplier
5.9
Cap Rate
5.4
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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