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8820 Stone Avenue NSeattle, WA 98103Price: $2,850,000

  • Price: $2,850,000
  • Est. Mortgage of $/month
  • 75 Days on Market
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Federal 30-year interest rate: 6.6% last updated on Mar 9, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,850,000List Price
  • 0.16Acreage
  • 6,558Square Feet
8820 Stone Avenue N Seattle WA 98103
8820 Stone Avenue N Seattle WA 98103
8820 Stone Avenue N Seattle WA 98103
8820 Stone Avenue N Seattle WA 98103
8820 Stone Avenue N Seattle WA 98103
8820 Stone Avenue N Seattle WA 98103
8820 Stone Avenue N Seattle WA 98103

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Listed by Travis Kannier of Westlake Associates,Inc.
This 7-unit apartment building is on the market for the first time since 1991. This property offers investors the opportunity to own and manage an easily maintained and rentable building with immediate rental upside and value-add potential. Proforma rents suggest this is a 5%+ Cap Investment. The current unit mix consist of five, 2 bed/2 bath units and two, 3 bed/2 bath units. Each unit is spacious and has their own washer/dryer. The basement also has a laundry area that all tenants have access to. The location of this property is ideal for navigating the city. Located two blocks from a major transit line, quick and easy access to Interstate 5 and Aurora, and less than a 5-minute drive to Northgate Mall and the new Light Rail Station.

Property Details of 8820 Stone Avenue N

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Based on information submitted to NWMLS  as of March 20, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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