9632 Aurora Avenue North

9632 Aurora Avenue North

Seattle, WA 98103

$2,099,000
Price
16
Beds
16
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Listing provided courtesy of Aris360

Description

Exceptional 16-Unit Investment Opportunity 5.08% Cap Rate. Remarkable investment opportunity with this fully occupied 16-unit building, strategically positioned in a prime North Seattle location. Boasting a strong 5.08% cap rate, this property offers a solid return on investment. recent upgrades in many units, new roof installed on 1.15.2024, prime location less than 2 miles to Green Lake and within walking distance to NSCC. Positioned on a large corner lot, Highway 99, zoned NC3P75, ideal for future...Exceptional 16-Unit Investment Opportunity 5.08% Cap Rate. Remarkable investment opportunity with this fully occupied 16-unit building, strategically positioned in a prime North Seattle location. Boasting a strong 5.08% cap rate, this property offers a solid return on investment. recent upgrades in many units, new roof installed on 1.15.2024, prime location less than 2 miles to Green Lake and within walking distance to NSCC. Positioned on a large corner lot, Highway 99, zoned NC3P75, ideal for future development potential. This investment is not just profitable but also ideally located, perfect for sustained occupancy and growth. Act now to secure this outstanding property in a high-demand area!
  1. Listed by Seth Raddue • Aris360
  2. Listed by Patrick Davis • Aris360

Property Details for 9632 Aurora Avenue North

Community Name
Seattle
School District
Seattle
Number of Assigned Spaces
16
Total Covered Parking
0
Entry Date
04-15-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Aris360
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LISTING UPDATED: 04/26/2024 01:45 PM

Property Details for 9632 Aurora Avenue North

StatusActive
MLS #2223676
Days on Market14
Cumulative Days on Market90
Taxes$21,399 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1944
Lot Size0.13 AC / 5,640 SF
CountyKing County

Location

Listing Courtesy of Aris360
Add your commute

Building Information for 9632 Aurora Avenue North

Stories3Residences16Year Built1944Building Size-Lot Size0.13 AC / 5,640 SF

Payment Calculator

$13,238 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,455

Property Taxes

$1,783

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9632 Aurora Avenue North

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 705 - Ballard/Greenlake
  • Elementary School: Seattle Public Sch
  • Middle Or Junior School: Seattle Public Sch
  • High School: Seattle Public Sch
  • Effective Year Built Source: Public Records
  • Directions: Google/Apple Maps
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
  • Additional Tax Ids: 6153900005
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 16.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Ceramic Tile, Vinyl, Carpet
  • Features: Ceramic Tile, Wall to Wall Carpet
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Stucco
  • Roof: Composition, Flat
Property
Utilities
  • Water/Sewer/Garbage: 23591
  • Power Company: Seattle City Light
  • Sewer Company: Seattle Public Utilites
  • Water Company: Seattle Public Utilites
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Commercial
  • First Right Of Refusal: false
  • Possible Use: Commercial
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1980
  • Photos Count: 18
Lot Information
  • Lot Size Source: Public
  • Parcel Number Free Text: 6153900005
  • Building Condition: Good
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 16
  • Number of Stories in Building: 3
  • Vacancy Rate: 2
  • Number Of Units Total: 16
  • Units Below Grade: false
  • Units In Building Total: 16
Financing / Income and Expenses
  • Electric Expense: $2,744
  • Total Expenses: 58458.25
  • Gross Adjusted Income: 179676
  • Gross Rent Multiplier: 10.46
  • Gross Scheduled Income: $200,676
  • Insurance Expense: $3,925
  • Net Operating Income: $106,691
  • Other Expenses: $6,799
  • Total Monthly Income: 16673
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 390
  • Rent Unit 1: $1,053.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 385
  • Rent Unit 2: $965.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 380
  • Rent Unit 3: $953.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 375
  • Rent Unit 4: $1,000.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 375
  • Rent Unit 5: $1,000.00
  • Bedrooms Unit 5: 1
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 375
  • Rent Unit 6: $900.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 21
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: false
  • Square Feet Unit 7: 385
  • Rent Unit 7: $1,153.00
  • Bedrooms Unit 7: 1
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 22
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: false
  • Square Feet Unit 8: 420
  • Rent Unit 8: $1,073.00
  • Bedrooms Unit 8: 1
  • Fireplaces Unit 8: 0
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 23
  • Washer/Dryer Unit 9: false
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: false
  • Square Feet Unit 9: 380
  • Rent Unit 9: $1,000.00
  • Bedrooms Unit 9: 1
  • Fireplaces Unit 9: 0
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 24
  • Washer/Dryer Unit 10: false
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: false
  • Square Feet Unit 10: 375
  • Rent Unit 10: $1,000.00
  • Bedrooms Unit 10: 1
  • Fireplaces Unit 10: 0
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 25
  • Washer/Dryer Unit 11: false
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: false
  • Square Feet Unit 11: 375
  • Rent Unit 11: $1,170.00
  • Bedrooms Unit 11: 1
  • Fireplaces Unit 11: 0
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 26
  • Washer/Dryer Unit 12: false
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: false
  • Square Feet Unit 12: 375
  • Rent Unit 12: $1,053.00
  • Bedrooms Unit 12: 1
  • Fireplaces Unit 12: 0
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: 31
  • Washer/Dryer Unit 13: false
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: false
  • Square Feet Unit 13: 395
  • Rent Unit 13: $1,100.00
  • Bedrooms Unit 13: 1
  • Fireplaces Unit 13: 0
  • Bathrooms Unit 13: 1
Unit 14
  • Name Unit 14: 32
  • Washer/Dryer Unit 14: false
  • Range/Oven Unit 14: true
  • Refrigerator Unit 14: true
  • Dishwasher Unit 14: false
  • Square Feet Unit 14: 420
  • Rent Unit 14: $1,053.00
  • Bedrooms Unit 14: 1
  • Fireplaces Unit 14: 0
  • Bathrooms Unit 14: 1
Unit 15
  • Name Unit 15: 33
  • Washer/Dryer Unit 15: false
  • Range/Oven Unit 15: true
  • Refrigerator Unit 15: true
  • Dishwasher Unit 15: false
  • Square Feet Unit 15: 380
  • Rent Unit 15: $1,100.00
  • Bedrooms Unit 15: 1
  • Fireplaces Unit 15: 0
  • Bathrooms Unit 15: 1
Unit 16
  • Name Unit 16: 34
  • Washer/Dryer Unit 16: false
  • Range/Oven Unit 16: true
  • Refrigerator Unit 16: true
  • Dishwasher Unit 16: false
  • Square Feet Unit 16: 375
  • Rent Unit 16: $1,100.00
  • Bedrooms Unit 16: 1
  • Fireplaces Unit 16: 0
  • Bathrooms Unit 16: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 6166.0
  • Leasable Area Units: Square Feet

Property History for 9632 Aurora 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 9632 Aurora Avenue North

Taxable ValueLand$592,200Additions$1,764,800Total$2,357,000
Tax Record2022$20,217 ($1,685 / month)
Home Facts
Total Finished SqFt6,160 SqFtAbove Ground SqFt6,160 SqFtStories3Lot Size5,640 SqFtStyleMulti-Family Dwelling (2-4)Year Built1944Year Renovated1980ZoningNC3P-75 (M)CountyKINGAPN615390-0005

Schools near 9632 Aurora Avenue North

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
Cascadia Elementary
Public - K to 5
Rating
School
Distance
Viewlands Elementary School
PublicPK to 5

Robert Eagle Staff Middle School
Public6 to 8

Ingraham High School
Public9 to 12

Cascadia Elementary
PublicK to 5

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 9632 Aurora Avenue North, Seattle, WA 98103

9632 Aurora Avenue North is a multi-family home for sale in Seattle, WA 98103. This property was listed for sale on April 15, 2024 by Aris360, it's currently listed at $2,099,000. It has been on the market for a total of 14 days and was last sold on February 4, 2016. This listing's school district is Seattle Public Schools. Nearby schools include Viewlands Elementary School, Robert Eagle Staff Middle School and Ingraham High School. 9632 Aurora Avenue North is a 16-bed, 16-bath, multi-family home built in 1944.

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 Aris360

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.