8844 Interlake Avenue North

Seattle, WA 98103

$2,090,000
Price
11
Beds
7.75
Baths
5,076 Sq. Ft.
$412 / Sq. Ft.
5,076
Sq. Ft.
$412
per Sq. Ft.

Description

Updated and extremely well maintained triplex in North Green Lake. This is a perfect turnkey investment as all units are fully updated, including electrical and plumbing with in-unit washers/dryers. All three units have been remodeled with all improvements fully permitted. New roof installed in 2017 and new water main in 2016. All utilities are paid by tenants and current rents are below market rates. Currently at a 4.54% cap rate with additional income opportunity by renting detached garage or building...Updated and extremely well maintained triplex in North Green Lake. This is a perfect turnkey investment as all units are fully updated, including electrical and plumbing with in-unit washers/dryers. All three units have been remodeled with all improvements fully permitted. New roof installed in 2017 and new water main in 2016. All utilities are paid by tenants and current rents are below market rates. Currently at a 4.54% cap rate with additional income opportunity by renting detached garage or building a DADU on the 7068 sf lot.. Off-street parking for 2 vehicles plus stacked driveway parking for 4-6. Convenient location close to Northgate and the light rail station, easy access to I-5 and Highway 99.

Listing Agents

  1. David Marks

    David Marks

    Listing Agent

    Compass

  2. Daniel Braun

    Daniel Braun

    Alternative Listing Agent

    Compass

    dan.braun@compass.com

    P: 206.963.2411

Property Details for 8844 Interlake Avenue North

Community Name
Green Lake
School District
Seattle
Number of Assigned Spaces
7
Total Covered Parking
1
Entry Date
10-26-2022
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of COMPASS
Add your commute
LISTING UPDATED: 11/11/2022 06:33 AM

Property Details for 8844 Interlake Avenue North

StatusActive
MLS #2011260
Days on Market40
Taxes$10,333 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1900
Lot Size0.18 AC / 7,688 SF
CountyKing County

Location

Listing Courtesy of COMPASS
Add your commute

Virtual Tour

Building Information for 8844 Interlake Avenue North

Stories3Residences3Year Built1900Building Size-Lot Size0.18 AC / 7,688 SF

Payment Calculator

$11,418 per month

30 year fixed, 6.49% Interest

Principal and Interest

$10,557

Property Taxes

$861

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8844 Interlake Avenue North

Summary
    Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Deck, Gas Available, Patio, RV Parking
  • Area: 705 - Ballard/Greenlak
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: From Aurora Avenue go east on NE 90th Street then south on Interlake Ave N. Property is on the left.
  • Leased Items: None
  • Property Sub Type: MULT
    Taxes and HOA Information
  • Tax Year: 2022
    Parking
  • Number of Carport Spaces: 0.0
  • Parking Type: RV Parking
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
    Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Laminate, Carpet
  • Features: Forced Air, Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
  • Amenities: Fire Sprinklers,Thermal Windows
  • Heating: Yes
  • FIRPTA: No
    Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
    Utilities
  • Heating and Cooling: Baseboard,Forced Air,Wall
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Sewer Company: SPU
  • Water Company: SPU
  • Power Production Type: Electric
  • Utilities: Natural Gas Available, Sewer Connected, Electricity Available
    Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Slab
  • Zoning Class: See Remarks
  • First Right Of Refusal: false
  • Possible Use: See Remarks
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1900
  • Photos Count: 40
    Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 0993000085
  • Building Condition: Very Good
  • Calculated Square Footage: 5076
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 5076.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Green Energy Efficient: Thermal Windows
Multi Family
    Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 3
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: true
  • Units In Building Total: 3
    Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 16730
  • Gross Adjusted Income: 93070
  • Gross Rent Multiplier: 19
  • Gross Scheduled Income: $109,800
  • Insurance Expense: $2,200
  • Net Operating Income: $93,070
  • Other Expenses: $4,197
  • Total Monthly Income: 9150
  • Fuel Expense: $0
    Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: Yes
  • Range/Oven Unit 1: Yes
  • Refrigerator Unit 1: Yes
  • Dishwasher Unit 1: Yes
  • Square Feet Unit 1: 2163
  • Rent Unit 1: $3,000.00
  • Bedrooms Unit 1: 4
  • Bathrooms Unit 1: 3
    Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: Yes
  • Range/Oven Unit 2: Yes
  • Refrigerator Unit 2: Yes
  • Dishwasher Unit 2: Yes
  • Square Feet Unit 2: 1145
  • Rent Unit 2: $2,450.00
  • Bedrooms Unit 2: 3
  • Bathrooms Unit 2: 2
    Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: Yes
  • Range/Oven Unit 3: Yes
  • Refrigerator Unit 3: Yes
  • Dishwasher Unit 3: Yes
  • Square Feet Unit 3: 1768
  • Rent Unit 3: $3,700.00
  • Bedrooms Unit 3: 4
  • Fireplaces Unit 3: No
  • Bathrooms Unit 3: 3
Rental
    Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 5076.0
  • Leasable Area Units: Square Feet

Property History for 8844 Interlake Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8844 Interlake Avenue North

Taxable ValueLand$1,069,000Additions$1,000Total$1,070,000
Tax Record2022$10,333 ($861 / month)
Home Facts
Baths7.5Total Finished SqFt5,840 SqFtAbove Ground SqFt4,640 SqFtFinished Basement SqFt1,200 SqFtUnfinished Basement Area360 SqFtStories2Lot Size7,688 SqFtStyleTriplexYear Built1900ZoningLR1 (M)CountyKINGAPN099300-0085Fireplace TypeHas Fireplace

Schools near 8844 Interlake Avenue North

This home is within Seattle Public Schools.
RatingSchoolTypeGradesDistance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
RatingSchoolDistance
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.

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8844 Interlake Avenue North is a multi-family home for sale in Seattle, WA 98103. This property was listed for sale on October 26, 2022 by Compass at $2,090,000. This listing's school district is Seattle Public Schools. Nearby schools include Daniel Bagley Elementary School, Robert Eagle Staff Middle School and Ingraham High School. 8844 Interlake Avenue North is a 11-bed, 7.75-bath, 5,076 sqft multi-family home built in 1900.

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 COMPASS

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.