10732 Stone Avenue N Unit #1-6, Seattle, WA 98133
- $1,499,500
- 4,157
- SqFt
Listing courtesy of WPI Real Estate Services, Inc..
- List Price
- $1,499,500
- Status
- ACTIVE
- MLS#
- 2534680
- Days on Market
- 53
- Style
- 55 - 5-9 Units
- Finished SqFt
- 4,157
- Area Total SqFt
- 4157
- Annual Tax Ammount
- 14675.36
- Lot Size (sq ft)
- 3,756
- Sewer
- Sewer Connected
Property Description
Incredible value-add multifamily opportunity in Seattle’s highly sought-after Northgate neighborhood! This turn-key 6-unit building features a fantastic unit mix of four 2-bed/1-bath units and two 1-bed/1-bath units, situated back off a quiet residential dead-end street north of Green Lake. Multiple units have been beautifully and tastefully updated, including a recent comprehensive remodel of Unit 2. Every unit offers modern conveniences including in-unit washers/dryers, dishwashers, private decks, storage lockers, and dual-pane vinyl windows. 100% occupied with stable cash flow and rents still sitting below market potential. Features an attractive, low-maintenance exterior, 6 dedicated parking spaces (including 4 carport spots), and a fire sprinkler system. Unbeatable location within walking distance to the Northgate light rail/bus lines, shopping, dining, and easy I-5 access. Perfect for an investor looking for a high-performing asset in a premier rental market!
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Additional Information
- List Date
- 2026-06-03 14:35:12
- Community
- Northgate
- Net Operating Income
- $107,724
- Gross Adjusted Income
- $134,400
- Gross Scheduled Income
- $134,400
- Total Monthly Income
- $134,400
- Insurance Expenses
- $2,000
- Water/Sewer/Garbage Expenses
- $8,000
- Gross Rent Multiplier
- 15
- Total Expenses
- $26,675
- Cap Rate
- 7.18
- Vacancy Rate
- 85
- Total Number of Units
- 6
- Unit Name
- 10732
- Potential Terms
- Cash, Conventional
- Year Built
- 1978
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Sprinkler System
- Electric Expenses
- 2000
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $134,400
- Gross Scheduled Income
- $134,400
- Vacancy Rate
- 85
- Gross Adjusted Income
- $134,400
- Tax Year
- 2026
- Insurance Expense
- $2,000
- W/S/G Expenses
- $8,000
- Total Expenses
- $26,675
- Net Operating Income
- $107,724
- Gross Rent Multiplier
- 15
- Cap Rate
- 7.18
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.