Courtesy of CENTURY 21 North Homes Realty
HouseCanary, Inc. Brokerage
9265 57th Ave S, Seattle, WA 98118
Multifamily-- Bed-- Bath4,590 Sq Ft70 Days on Market
Listing Agent & Comments
Now offered at a newly improved price of $1,799,888, this 7-unit apartment building is a prime income-generating opportunity. With a 2% vacancy rate, 6.19% cap rate, and $12,125 in total monthly income, you’ll enjoy a robust $111,500 net operating income. The unit mix includes four 2-bed/1-bath and three 1-bed/1-bath units, with some featuring partial Lake Washington views. Tenants benefit from nearby grocery stores, local dining, coffee shops, auto parts stores, and easy access to Seward Park—all within close proximity. With a 12.71 Gross Rent Multiplier and potential for additional income streams, this property is a solid long-term investment. Don’t miss out on this cash-flowing gem—the perfect addition to your portfolio!
MLS# NWM2324823 • Data provided by NWMLS as distributed by MLS Grid
Living Area | 4,590 Sq.Ft. |
---|---|
Lot Size | 4,726 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 3 |
Year Built | 1923 |
Property Type | Multifamily |
Zoning | NC1-55 (M) |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $11,837 |
Property in Flood Zone | -- |
Data provided by NWMLS as distributed by MLS Grid.
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