8500 Fremont Ave N

    Seattle, WA 98103
    • $2,700,000
    • STATUS: Active
    • ON SITE: 39 days
    • ID#: 1423393
    UPDATED: 20 min ago
    $2,700,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,576
      SQFT
    • $315
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Windermere Re Greenwood.

    Description

    The Cardigan is a comfortable 9-unit multi-family apartment building just north of downtown Seattle and only three short blocks from Greenwood Crossing. It consists of 7 spacious 1 bedroom units, 1 two bedroom and 1 studio unit. Units are approximately 650-900 sq ft, with the exception of the studio which is 300 asf. One unique feature of this building is the units may be rented furnished or unfurnished, tapping into a unique niche market for Seattles high-tech and medical staff.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-22T14:16:29.54.

    www.kimberlygartlandgroup.com/homes/92677690

    8500 Fremont Ave N Seattle, WA 98103

    • Price: $2,700,000
    • Status: Active
    • Updated: 20 min ago
    • ID#: 1423393
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    8,576
    SQFT
    $315
    $/SQFT
    1978
    Built
    Neighborhood:
    Greenwood
    County:
    King
    Area:
    Ballard/Greenlake
    School District:
    Seattle
    Property Description
    The Cardigan is a comfortable 9-unit multi-family apartment building just north of downtown Seattle and only three short blocks from Greenwood Crossing. It consists of 7 spacious 1 bedroom units, 1 two bedroom and 1 studio unit. Units are approximately 650-900 sq ft, with the exception of the studio which is 300 asf. One unique feature of this building is the units may be rented furnished or unfurnished, tapping into a unique niche market for Seattles high-tech and medical staff.
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Stucco Foundation Poured Concrete Garage Spaces 8 Lot Details CurbsPaved StreetSidewalk Roof FlatTorch Down Stories In Building 3 Style 55 - 5-Plex Total Parking Spaces 12 Uncovered Spaces 4 View MountainTerritorial

    Interior Features

    Floor Covering Ceramic TileLaminate HardwoodVinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 668 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 656 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 656 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 668 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 656 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 656 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Thermal WindowsSee Remarks Bank Owned No Cap Rate 5.54 Electrical Expenses 3600 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 195145 Gross Rent Multiplier 13 Gross Scheduled Income 201180 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3646 Leased Items None Lot Number 5-6 Net Operating Income 150415 New Construction YN No Other Expenses 4500 Possession Sub. Tenant's Rights Power Company City Light Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Spu Site Features Cable TVDeck Tax Amount 16723 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 41358 Total Expenses TEX 41358 Total Monthly Income 15940 Unit1 Monthly Rent 1550 Unit2 Monthly Rent 1795 Unit3 Monthly Rent 1795 Unit4 Monthly Rent 1795 Unit5 Monthly Rent 1695 Unit6 Monthly Rent 1795 Vacancy Rate 3 Water Company Spu Water Sewer Garbage 7955 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Kimberly Gartland Group - Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-22T14:16:29.54.

     
    Kimberly Gartland Group - Keller Williams Realty
    5263 Olympic Drive NW, Suite B
    Gig Harbor WA, 98335
    Listing Courtesy of Windermere Re Greenwood.