8510 23rd Ave NE NESeattle, WA98115

$1,900,000
4 total units
Capitilization Rate: 4.4
3984 sq. ft
0.1132 acres
910 days on market

VestorFilter™

Price per unit$475K/unit
Price per ft²$476.91/ft²
Price per acre$16.78M/ac
Time on market910 days

Property Description

Located in the NW portion of the highly desirable neighborhood of Wedgwood, this 1992 construction consists of 4 spacious condo quality 2Bd/2Ba units avg size of 996 SF. These well-appointed units feat. hardwood floors, SS kitchen appliances, W/D, ample, storage space & private balcony. The building offers a secured parking garage for 6 full-size cars with an addt'l 3 off-street. Rarely experiencing a vacancy, these units appeal to a tenant profile looking for quiet residential living while still having the convenience of proximity to many local eateries & retails in Wedgwood & the nearby Maple Leaf. Perfect opportunity for owner occupants & investors looking for a low maintenance asset with steady cash flow in a highly desirable location.

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Financial Data

Date Sold2021-12-14
Sold Price$1,895,000
Original Price$1,900,000
Current Price$1,900,000
Property Taxes$11,281

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Home Facts

StatusClosed
Year Built1992
Stories2
Interior Features
Exterior Features
MLS IDNWM1860536