946 North 89th Street

Seattle, WA 98103

$875,000
Last Sold Price
6
Beds
3
Baths
2,860 Sq. Ft.
$306 / Sq. Ft.
2,860
Sq. Ft.
$306
per Sq. Ft.

Description

Great investment opportunity just north of Green Lake. Rarely vacant, one unit has been left unoccupied for sale of property. Easy to rent or owner could occupy while tenants pay the mortgage. Three 2 bed/1 ba units with their own W/D and private single car garage. Built by the seller's father, has been well maintained and updated. Two units are almost new. Cap rate 5.2%. Short walk to Green Lake and bus lines.Great investment opportunity just north of Green Lake. Rarely vacant, one unit has been left unoccupied for sale of property. Easy to rent or owner could occupy while tenants pay the mortgage. Three 2 bed/1 ba units with their own W/D and private single car garage. Built by the seller's father, has been well maintained and updated. Two units are almost new. Cap rate 5.2%. Short walk to Green Lake and bus lines.
  1. Listed by Mel Parsons • eXp Realty
  2. Listed by Dana Penuela • eXp Realty

Property Details for 946 North 89th Street

Community Name
Green Lake
School District
Seattle
Number of Assigned Spaces
7
Total Covered Parking
3
Entry Date
09-26-2020
Sewer
Sewer Connected

Location

Listing Courtesy of eXp Realty

Sold By Paragon Real Estate Advisors

Add your commute
LISTING UPDATED: 03/27/2021 08:13 AM

Property Details for 946 North 89th Street

StatusSold
MLS #1669424
Days on Market43
Cumulative Days on Market1242
Taxes$7,346 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1977
Lot Size0.12 AC / 5,100 SF
CountyKing County

Location

Listing Courtesy of eXp Realty

Sold By Paragon Real Estate Advisors

Add your commute

Building Information for 946 North 89th Street

Stories2Residences3Year Built1977Building Size-Lot Size0.12 AC / 5,100 SF

Payment Calculator

$5,387 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$612

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 946 North 89th Street

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Cable TV, Fenced-Partially
  • Area: 705 - Ballard/Greenlake
  • Block: 2
  • Elementary School: Daniel Bagley
  • Middle Or Junior School: Whitman Mid
  • High School: Ingraham High
  • Directions: West on 89th from Aurora, building on right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Engineered Hardwood, Vinyl, Carpet
  • Features: Ceramic Tile
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Stucco, Wood
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard,Forced Air
  • Water Source: Public
  • Water/Sewer/Garbage: 4274
  • Power Company: Seattle City Light
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Power Production Type: Electric
  • Utilities: Cable Connected, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,Residential
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 16
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Number: 7-8
  • Lot Size Source: realist
  • Parcel Number Free Text: 9266700080
  • Building Condition: Good
  • Calculated Square Footage: 2860
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2860.0
  • 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: 3
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 13587
  • Gross Adjusted Income: 58200
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: $60,000
  • Insurance Expense: $1,283
  • Net Operating Income: $46,413
  • Other Expenses: $684
  • Total Monthly Income: 5000
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 944
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 1080
  • Rent Unit 1: $1,700.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 946
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 890
  • Rent Unit 2: $1,500.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 948
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 890
  • Rent Unit 3: $1,800.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2860.0
  • Leasable Area Units: Square Feet

Property History for 946 North 89th 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 946 North 89th Street

Taxable ValueLand$429,000Additions$549,000Total$978,000
Tax Record2022$8,568 ($714 / month)
Home Facts
Baths3Total Finished SqFt3,940 SqFtAbove Ground SqFt2,860 SqFtFinished Basement SqFt1,080 SqFtStories1Lot Size5,100 SqFtStyleTriplexYear Built1977ZoningLR1 (M1)CountyKINGAPN926670-0080

Schools near 946 North 89th 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

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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 eXp Realty

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.