7103 Linden Avenue N Unit #1-5, Seattle, WA 98103
- $1,199,950
- 3,275
- SqFt
Listing courtesy of Lotside.
- List Price
- $1,199,950
- Status
- ACTIVE
- MLS#
- 2560133
- Days on Market
- 234
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 3,275
- Area Total SqFt
- 3275
- Annual Tax Ammount
- 11177
- Lot Size (sq ft)
- 2,604
- Sewer
- Sewer Connected
Property Description
Prime Green Lake location just one block from the lake! This fully occupied five-unit property includes two buildings situated on a single tax parcel, offering a total of approximately 3,275 square feet of living space. The west building is a 3-bedroom, 1-bath home with approximately 1,280 square feet, while the east building consists of four 1-bedroom units. The units feature open floor plans and abundant natural light. Property improvements include updated roofs, siding, windows, exterior paint, and electrical systems. Unit #2 was recently remodeled. Additional features include separately metered electrical service, coin-operated laundry, and on-site storage units. With a historically low vacancy rate, strong rental demand, and opportunities to increase income, this property presents an attractive investment opportunity. LR3 zoning may provide additional development potential. Current cap rate: 6.15%.
Additional Information
- List Date
- 2025-12-09 05:16:12
- Community
- Greenwood
- Net Operating Income
- $73,738
- Gross Adjusted Income
- $106,016
- Gross Scheduled Income
- $106,380
- Total Monthly Income
- $8,865
- Insurance Expenses
- $3,338
- Water/Sewer/Garbage Expenses
- $4,825
- Gross Rent Multiplier
- 11.28
- Total Expenses
- $32,278
- Cap Rate
- 6.15
- Vacancy Rate
- 2
- Total Number of Units
- 5
- Unit Name
- 7103
- Potential Terms
- Cash, Conventional
- Year Built
- 1904
- View
- Territorial
- Roof
- Composition
- Site Features
- Deck
- Electric Expenses
- 257
- Other Expenses
- 12681
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Licton Springs K-8
- Middle School
- Robert Eagle Staff Middle School
- High School
- Ingraham High
- Total Monthly Income
- $8,865
- Gross Scheduled Income
- $106,380
- Vacancy Rate
- 2
- Gross Adjusted Income
- $106,016
- Tax Year
- 2025
- Insurance Expense
- $3,338
- W/S/G Expenses
- $4,825
- Total Expenses
- $32,278
- Net Operating Income
- $73,738
- Gross Rent Multiplier
- 11.28
- Cap Rate
- 6.15
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.