Sold
Last Sold Price
4,310 sqft
906 N 74th St, Seattle, WA 98103
Multi FamilyProperty Type
0.14 acresLot Size
1963Year Built
$423/sq ftPrice per sq ft
4 carsParking Spaces

Description

The Greenlake 6 offers an investor the opportunity to own a great building with larger units and with minor updating will be able to attain market rate rents. With minor updates, a new owner can achieve a stabilized CAP of 5.46%. The building is located in the sought after Greenlake neighborhood with its popular recreational activities. It offers 2.5-mile walking trail and 4-mile bike trail around the lake as well as soccer fields, fishing, baseball fields, tennis courts, paddle boarding and many...The Greenlake 6 offers an investor the opportunity to own a great building with larger units and with minor updating will be able to attain market rate rents. With minor updates, a new owner can achieve a stabilized CAP of 5.46%. The building is located in the sought after Greenlake neighborhood with its popular recreational activities. It offers 2.5-mile walking trail and 4-mile bike trail around the lake as well as soccer fields, fishing, baseball fields, tennis courts, paddle boarding and many other water activities that happen year-round. This location provides quick access to South Lake Union, University of Washington’s main campus, the Woodland Park Zoo as well as many restaurants and entertainment establishments in the area.
  • Listed by: Chad Martini 206.623.8880 chad@westlakeassociates.com • Paragon Real Estate Advisors
  • Listed by: David W. Petersen 206.623.8880 david@westlakeassociates.com • Paragon Real Estate Advisors
Listing closed: 11/04/2022 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 1990023

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Paragon Real Estate Advisors

Sold By Heaton Dainard, LLC

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$10,971 per month

30 year fixed, 7.03% Interest

Principal and Interest

$9,743

Property Taxes

$1,228

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 906 North 74th Street

Property Details
  • Taxes: $14,739 / year
  • MLS Type: Residential Income
  • County: King County
  • Community Name: Green Lake
  • School District: Seattle
  • Number of Assigned Spaces: 4
  • Total Covered Parking: 0
  • Entry Date: 08-30-2022
  • Energy Source: Electric
  • Sewer: Sewer Connected
Building Information
  • Stories: 2
  • Residences: 6
  • Year Built: 1963
  • Lot Size: 0.14 AC / 6,000 SF
Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 705 - Ballard/Greenlake
  • Directions: From downtown Seattle, get on WA-99 N/Aurora Ave N from 4th Ave. Continue onto WA-99 N/Aurora Ave N. Continue on Winona Ave N. Drive to N 74th St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Features: Hot Water Recirc Pump
  • Fireplace: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Flat
Property
Utilities
  • Water/Sewer/Garbage: 6058
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 23
Lot Information
  • Lot Size Source: King County
  • Parcel Number Free Text: 3362400105
  • Calculated Square Footage: 4310
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4310.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 6
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 31985
  • Gross Adjusted Income: 112260
  • Gross Rent Multiplier: 13.77
  • Gross Scheduled Income: $11,260
  • Insurance Expense: $2,400
  • Net Operating Income: $80,275
  • Other Expenses: $8,788
  • Total Monthly Income: 8835
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4310.0
  • Leasable Area Units: Square Feet

Property History for 906 North 74th Street

DateEvent & SourcePriceAppreciation
Nov 4, 2022

Sold (Public Record)

Public Record #1500721178

$1,824,100—
Nov 4, 2022

Sold

NWMLS #1990023

$1,825,000—
Sep 17, 2022

Pending

NWMLS #1990023

—
DateEvent & SourcePrice
11/04/2022

Sold (Public Record)

Public Record #1500721178

$1,824,100
11/04/2022

Sold

NWMLS #1990023

$1,825,000
09/17/2022

Pending

NWMLS #1990023

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 906 North 74th Street

Taxable ValueLand$1,320,000Additions$416,000Total$1,736,000
Tax Record2026$18,377 ($1,531 / month)
Home Facts
Total Finished SqFt4,100 SqFtAbove Ground SqFt4,100 SqFtStories2Lot Size6,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1963Year Renovated1990ZoningLR2 (M)CountyKINGAPN336240-0105

Schools near 906 North 74th Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Daniel Bagley Elementary School
PublicK to 5

Robert Eagle Staff Middle School
Public6 to 8

Ingraham High School
Public9 to 12

Education Service Centers
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Paragon Real Estate Advisors

Based on information submitted to the MLS GRID as of 09/05/2024 05:45 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.