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+12534953939
Real Broker LLC
14018 Greenwood Avenue N, Seattle, WA 98133
- $1,450,000
- 3,740
- SqFt
Listing Broker: Lake & Company; Lisa Fuqua; 206-327-3472; lisaf@lakere.com
- List Price
- $1,450,000
- Status
- FIRST LOOK
- MLS#
- 2596941
- Style
- 53 - Tri-plex
- Finished SqFt
- 3,740
- Area Total SqFt
- 3740
- Annual Tax Ammount
- 11811
- Lot Size (sq ft)
- 9,020
- Sewer
- Sewer Connected
Property Description
Discover this well-located triplex in Seattle’s Bitter Lake neighborhood, offering spacious living areas, a private backyard, and six parking spaces. Each unit features a main-level living room, dining room, kitchen, powder room, and laundry/utility room. All three bedrooms and a full bathroom are upstairs—a rare and desirable layout. Built-ins and extra storage throughout add to the appeal. Vacant Units B and C have been recently updated with LVP flooring and carpet, new kitchen cabinets, quartz countertops, stainless-steel appliances, hot water tanks, lighting and plumbing fixtures, and refreshed bathrooms with new tubs, tile, vanities, and toilets. Additional building improvements include a new roof, gutters, attic insulation, and exterior paint. Unit A is occupied by a long-term tenant. Conveniently located near restaurants, shopping, Seattle Golf Club, Northwest Hospital, and North Seattle College, with easy access to Highway 99 and I-5. A great opportunity for investors or owner-occupants seeking rental income potential in a convenient Seattle location.
Additional Information
- Community
- Bitter Lake
- Net Operating Income
- $80,556
- Gross Adjusted Income
- $103,740
- Gross Scheduled Income
- $109,200
- Total Monthly Income
- $9,100
- Insurance Expenses
- $3,519
- Water/Sewer/Garbage Expenses
- $7,854
- Gross Rent Multiplier
- 13.3
- Total Expenses
- $23,184
- Cap Rate
- 5.5
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 14018
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1965
- Roof
- Composition
- Site Features
- Fenced-Partially, Patio
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $9,100
- Gross Scheduled Income
- $109,200
- Vacancy Rate
- 5
- Gross Adjusted Income
- $103,740
- Tax Year
- 2026
- Insurance Expense
- $3,519
- W/S/G Expenses
- $7,854
- Total Expenses
- $23,184
- Net Operating Income
- $80,556
- Gross Rent Multiplier
- 13.3
- Cap Rate
- 5.5
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.