9701 Sand Point Wy NE

    Seattle, WA 98115
    • $3,800,000
    • STATUS: Pending
    • ON SITE: 12 days
    • ID#: 1287369
    Under Contract
    UPDATED: 19 min ago
    $3,800,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,348
      SQFT
    • $407
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1994
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Paragon Real Estate Advisors.

    Description

    The Matthews Beach Apartments are located in desirable NE Seattle and available for the first time on the market. Built in 1994, the Matthews Beach Apartments contains 8 apartments, 1 live/work unit, and one large retail/office space (equivalent to 2 units). Residents have the convenience of washers and dryers in each apartment, as well as secured garage parking in the basement. Additional income is generated from three cell phone towers on separate leases.

    Monthly Payment Calculator

    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 The Craig McKenzie Team | KW Whidbey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-22T11:15:41.887.

    www.thecraigmckenzieteam.com/homes/83385721

    9701 Sand Point Wy NE Seattle, WA 98115

    • Price: $3,800,000
    • Status: Pending
    • Updated: 19 min ago
    • ID#: 1287369
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    9,348
    SQFT
    $407
    $/SQFT
    1994
    Built
    Neighborhood:
    Lake City
    County:
    King
    Area:
    N.Seattle/UW/Wedgewood/V.Ridge/Lk Cty
    School District:
    Seattle
    Property Description
    The Matthews Beach Apartments are located in desirable NE Seattle and available for the first time on the market. Built in 1994, the Matthews Beach Apartments contains 8 apartments, 1 live/work unit, and one large retail/office space (equivalent to 2 units). Residents have the convenience of washers and dryers in each apartment, as well as secured garage parking in the basement. Additional income is generated from three cell phone towers on separate leases.
    Exterior Features

    Carport Spaces 0 Exterior Wood Foundation Poured Concrete Garage Spaces 11 Lot Dimensions 6874 Roof Flat Stories In Building 3 Style 56 - 6-9 Units Total Parking Spaces 11 Uncovered Spaces 0

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Sq Ft 1064 Unit2 Bathrooms 1.00 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Sq Ft 1064 Unit3 Bathrooms 1.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 266 Unit4 Bathrooms 2.00 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Sq Ft 1060 Unit5 Bathrooms 1.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 266 Unit6 Bathrooms 1.50 Unit6 Bedrooms 2 Unit6 Fireplaces 0 Unit6 Sq Ft 876 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 5.29 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-Family Gross Adjusted Income 273466 Gross Rent Multiplier 13 Gross Scheduled Income 281924 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3850 Leased Items None Net Operating Income 200844 New Construction YN No Other Expenses 18641 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Available Tax Amount 27512 Tax Year 2018 Terms Cash Out Third Party Approval Required None Total Expenses EXP 72622 Total Expenses TEX 72622 Total Monthly Income 17267 Unit1 Monthly Rent 17733 Unit2 Monthly Rent 17733 Unit3 Monthly Rent 975 Unit4 Monthly Rent 1700 Unit5 Monthly Rent 925 Unit6 Monthly Rent 1700 Vacancy Rate 3 Water Sewer Garbage 22619 Water Source Public

    Listing information © 2018 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 The Craig McKenzie Team | KW Whidbey 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 The Craig McKenzie Team | KW Whidbey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-22T11:15:41.887.

     
    The Craig McKenzie Team | KW Whidbey
    32650 SR 20
    Oak Harbor WA, 98277
    Listing Courtesy of Paragon Real Estate Advisors.