8008 Greenwood Avenue N, Seattle, WA 98103

$2,525,000
7,310
SqFt

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Listing courtesy of Paragon Real Estate Advisors.

List Price
$2,525,000
Status
ACTIVE
MLS#
2553931
Days on Market
117
Style
56 - 10+ Units
Finished SqFt
7,310
Area Total SqFt
7310
Annual Tax Ammount
27838
Lot Size (sq ft)
4,197
Sewer
Sewer Connected

Property Description

The Monterey Apartments feature elegant and timeless architecture that appeals to a broad spectrum of renters seeking character and warmth not found in typical new buildings. There are a total of 13 apartments with a balanced mix of spacious studios and one-bedrooms and a large (1,253 SF), recently renovated two-bedroom plus den floor plan. The units are inviting and comfortable, with tall ceilings, beautiful original hardwood floors, efficient floor plans, charming period details and great natural lighting. Units on the upper floor enjoy wonderful territorial views of Green Lake and Greenwood.

Additional Information

List Date
2026-03-31 21:43:15
Community
Greenwood
Net Operating Income
$142,719
Gross Adjusted Income
$238,575
Gross Scheduled Income
$244,692
Total Monthly Income
$20,391
Insurance Expenses
$7,303
Water/Sewer/Garbage Expenses
$28,159
Gross Rent Multiplier
10.32
Total Expenses
$95,856
Cap Rate
5.65
Vacancy Rate
3
Total Number of Units
13
Unit Name
8008
Potential Terms
Cash, Conventional
Year Built
1929
Roof
Torch Down
Other Expenses
32556
Energy Source
Electric
School District
Seattle
Total Monthly Income
$20,391
Gross Scheduled Income
$244,692
Vacancy Rate
3
Gross Adjusted Income
$238,575
Tax Year
2026
Insurance Expense
$7,303
W/S/G Expenses
$28,159
Total Expenses
$95,856
Net Operating Income
$142,719
Gross Rent Multiplier
10.32
Cap Rate
5.65
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.
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