1824 North 103rd Street

1824 North 103rd Street

Seattle, WA 98133

$2,950,000
Price
18
Beds
18
Baths
9,975 Sq. Ft.
$296 / Sq. Ft.
9,975
Sq. Ft.
$296
per Sq. Ft.
a front view of a house with a yard
a front view of a house with parking space
a car parked in front of a white building
a car parked in front of a house
a view of a house with a door and wooden walls
a view of parking area with parked cars
a view of a living room hardwood floor and a ceiling fan
a bathroom with a shower
a view of an empty room with window and wooden floor
a view of a balcony with chairs
wooden floor in an empty room
a kitchen with white cabinets and sink
a view of an empty room with wooden floor and a window
a bathroom with a granite countertop sink a toilet and shower
an empty room with wooden floor and windows
a utility room with dryer and washer
Listing provided courtesy of Westlake Associates, Inc.

Description

ASSUMABLE FINANCING with a 3.32% Interest Rate. Constructed in 1986, Northgate 9 is a 3-story, wood-framed building featuring a ground-floor parking garage. The property comprises nine 2-bedroom, 2-bathroom apartment units, each spanning an average of 1,108 sqft. Every unit boasts an open-concept layout, covered balconies, full appliance package and in-unit full-size washers and dryers. Northgate 9 presents a unique investment opportunity. Prospective investors can capitalize on the property’s strategic...ASSUMABLE FINANCING with a 3.32% Interest Rate. Constructed in 1986, Northgate 9 is a 3-story, wood-framed building featuring a ground-floor parking garage. The property comprises nine 2-bedroom, 2-bathroom apartment units, each spanning an average of 1,108 sqft. Every unit boasts an open-concept layout, covered balconies, full appliance package and in-unit full-size washers and dryers. Northgate 9 presents a unique investment opportunity. Prospective investors can capitalize on the property’s strategic location and low-maintenance appeal. Potential for enhancing returns by renovating additional unit interiors, adjusting rents to align with market rates, and securing the parking garage by adding a garage door & charging for parking.
  1. Listed by David W Petersen • Westlake Associates, Inc.

Property Details for 1824 North 103rd Street

Community Name
Northgate
School District
Seattle
Number of Assigned Spaces
14
Total Covered Parking
9
Entry Date
03-19-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Westlake Associates, Inc.
Add your commute
LISTING UPDATED: 04/17/2024 01:00 PM

Property Details for 1824 North 103rd Street

StatusActive
MLS #2212458
Days on Market44
Cumulative Days on Market43
Taxes$26,266 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size0.17 AC / 7,330 SF
CountyKing County

Location

Listing Courtesy of Westlake Associates, Inc.
Add your commute

Building Information for 1824 North 103rd Street

Stories3Residences9Year Built1986Building Size-Lot Size0.17 AC / 7,330 SF

Payment Calculator

$18,288 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,099

Property Taxes

$2,189

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1824 North 103rd Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Deck, Fenced-Partially
  • Area: 705 - Ballard/Greenlake
  • Directions: On I-5N, take exit 172 to N 85th St/Aurora Ave N. On N 85th St, take right on Wallingford Ave N. Turn right on N 92nd St. Turn left on N College Way. Left on N 103rd St. Site is on right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 5.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl Plank
  • Amenities: Coin Op Laundry,Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water/Sewer/Garbage: 16887
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: King County Assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 16
Lot Information
  • Lot Details: Paved
  • Lot Size Source: King County Assessor
  • Parcel Number Free Text: 5464300063
  • Calculated Square Footage: 9975
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 9975.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 5
  • Number of Stories in Building: 3
  • Vacancy Rate: 13257
  • Number Of Units Total: 9
  • Units Below Grade: false
  • Units In Building Total: 9
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 64998
  • Gross Adjusted Income: 251883
  • Gross Rent Multiplier: 11.13
  • Gross Scheduled Income: $265,140
  • Insurance Expense: $6,045
  • Net Operating Income: $186,885
  • Other Expenses: $15,800
  • Total Monthly Income: 17195
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: C8
  • Square Feet Unit 1: 1108
  • Rent Unit 1: $1,800.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: C9
  • Square Feet Unit 2: 1108
  • Rent Unit 2: $1,900.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: A2
  • Square Feet Unit 3: 1108
  • Rent Unit 3: $1,835.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: B4
  • Square Feet Unit 4: 1108
  • Rent Unit 4: $2,200.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 2
Unit 5
  • Name Unit 5: A1
  • Square Feet Unit 5: 1108
  • Rent Unit 5: $2,150.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 2
Unit 6
  • Name Unit 6: B6
  • Square Feet Unit 6: 1108
  • Rent Unit 6: $1,775.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 2
Unit 7
  • Name Unit 7: A3
  • Square Feet Unit 7: 1108
  • Rent Unit 7: $1,835.00
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 2
Unit 8
  • Name Unit 8: C7
  • Square Feet Unit 8: 1108
  • Rent Unit 8: $1,875.00
  • Bedrooms Unit 8: 2
  • Bathrooms Unit 8: 2
Unit 9
  • Name Unit 9: B5
  • Square Feet Unit 9: 1108
  • Rent Unit 9: $1,825.00
  • Bedrooms Unit 9: 2
  • Bathrooms Unit 9: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 9975.0
  • Leasable Area Units: Square Feet

Property History for 1824 North 103rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1824 North 103rd Street

Taxable ValueLand$916,200Additions$2,208,800Total$3,125,000
Tax Record2022$26,266 ($2,189 / month)
Home Facts
Total Finished SqFt9,972 SqFtAbove Ground SqFt9,972 SqFtStories3Lot Size7,330 SqFtStyleMulti-Family Dwelling (2-4)Year Built1986Year Renovated2001ZoningLR3 (M)CountyKINGAPN546430-0063

Schools near 1824 North 103rd Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Viewlands Elementary School
Public - PK to 5
Robert Eagle Staff Middle School
Public - 6 to 8
Ingraham High School
Public - 9 to 12
Middle College High School
Public - 9 to 12
Rating
School
Distance
Viewlands Elementary School
PublicPK to 5

Robert Eagle Staff Middle School
Public6 to 8

Ingraham High School
Public9 to 12

Middle College High School
Public9 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.

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More information about 1824 North 103rd Street, Seattle, WA 98133

1824 North 103rd Street is a multi-family home for sale in Seattle, WA 98133. This property was listed for sale on March 19, 2024 by Westlake Associates, Inc., it's currently listed at $2,950,000. It has been on the market for a total of 44 days and was last sold on August 30, 2002. This listing's school district is Seattle Public Schools. Nearby schools include Viewlands Elementary School, Robert Eagle Staff Middle School and Ingraham High School. 1824 North 103rd Street is a 18-bed, 18-bath, 9,975 sqft multi-family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Westlake Associates, Inc.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.