Prepared by https://www.commercialmls.com
920 6th Avenue N
920 6th Ave N Seattle WA 98109
Listing #: 684054 | Status: Available | Last Modified: 10/23/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 167,519 |
| Vacancy Factor % | 5.00% |
| Operating Expenses | 66,182 |
| Net Operating Income | 92,961 |
| CAP Rate | 3.69 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 3.685 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 2 |
| # of Units | 9 |
| # of Elevators | 0 |
| Total Building SF | 8,328 SF |
| Net Rentable Area | 6,560 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 7,667 SF |
| Acres | 0.18 |
| Year Built | 1959 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Building Class | B |
| Location | |
|---|---|
| County | King |
| Market Area | Queen Anne/Magnolia |
| Tax ID # | 2249500045 |
| Zoning | LR3 (M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 2 |
| # Uncovered Spaces | 3 |
| Total Parking Spots | 5 |
920 6th Ave N Apartments
SEE_NOTES
Summary: We are pleased to present the exclusive listing for this iconic 1959 garden style apartment building located at 920 6th Avenue N. This brick nine-unit apartment is located in the heart of Queen Anne with stunning views of the space needle. The building is centrally located just a short walk from South Lake Union, Climate Pledge Arena and lower Queen Anne retail core. This building offers significant upside value for the right investor with long term tenants and below market rents. The building totals 8,328 square feet and the unit mix includes seven, 1-bedroom units, and two, 2-bedroom units and is currently 100% occupied. The property zoning is LR-3 and sits on a 7,680 sf lot. The building has been professionally managed for the past 16 years and has had low vacancy rates
920 6th Avenue N
920 6th Ave N Seattle WA 98109
Listing #: 684054 | Status: Available | Listing Date: 7/11/2024 | Last Modified: 10/23/2024 | Email Listing
For Sale
920 6th Avenue N
