2600 NE 125th Street, Seattle, WA 98125
- $1,500,000
- 4,800
- SqFt
Listing courtesy of John L. Scott, Inc.
- List Price
- $1,500,000
- Status
- ACTIVE
- MLS#
- 2567385
- Days on Market
- 0
- Style
- 55 - 5-9 Units
- Finished SqFt
- 4,800
- Area Total SqFt
- 4800
- Annual Tax Ammount
- 14401
- Lot Size (sq ft)
- 8,507
- Sewer
- Sewer Connected
Property Description
Outstanding multifamily investment opportunity in North Seattle featuring a desirable mix of one- and two-bedroom residences averaging approximately 600 square feet. The efficient unit layouts appeal to a broad tenant base, providing affordable, functional living for individuals and small households in a highly desirable location. Several major capital improvements have already been completed, reducing near-term ownership costs and enhancing long-term operational stability. Recent upgrades include a roof replacement approximately six years ago and the installation of modern Square D electrical panels. Tenant amenities include on-site laundry facilities, dedicated storage units, five off-street parking spaces, and ample street parking, creating added convenience and supporting tenant retention. Convenient access to Seattle, the Eastside, and North King County provides excellent connectivity to major employment centers throughout the Puget Sound region. Combined with recent capital improvements, the property's efficient unit mix, desirable location, and strong regional accessibility position it as an excellent investment opportunity offering stable cash flow with long-term upside potential.
/u.realgeeks.media/pnwcasas/PNWCasas_BLK_Logo.jpg){kind=logo}
Additional Information
- List Date
- 2026-08-12 16:43:18
- Community
- Olympic Hills
- Net Operating Income
- $83,984
- Gross Adjusted Income
- $121,638
- Gross Scheduled Income
- $134,882
- Total Monthly Income
- $11,773
- Insurance Expenses
- $4,168
- Water/Sewer/Garbage Expenses
- $8,986
- Gross Rent Multiplier
- 11.12
- Total Expenses
- $50,899
- Cap Rate
- 5.6
- Vacancy Rate
- 5
- Total Number of Units
- 8
- Unit Name
- 2600
- Potential Terms
- Cash, Conventional
- Year Built
- 1959
- Roof
- Flat
- Site Features
- Cable TV, High Speed Internet
- Other Expenses
- 23344
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $11,773
- Gross Scheduled Income
- $134,882
- Vacancy Rate
- 5
- Gross Adjusted Income
- $121,638
- Tax Year
- 2026
- Insurance Expense
- $4,168
- W/S/G Expenses
- $8,986
- Total Expenses
- $50,899
- Net Operating Income
- $83,984
- Gross Rent Multiplier
- 11.12
- Cap Rate
- 5.6
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.