7810 E Green Lake Dr N

    Seattle, WA 98103
    • $1,800,000
    • STATUS: Pending
    • ON SITE: 203 days
    • ID#: 1214571
    Under Contract
    UPDATED: 16 min ago
    $1,800,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,352
      SQFT
    • $765
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1905
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Whitecap Real Estate.

    Description

    The property is currently improved with a commercial retail space and 3 apartment units. The subject property features a 4,277 sf corner lot, zoned LR3 on the Green Lakes coveted waterfront. With proposed MHA FAR of 2.2 the property has the potential for a 5-unit apartment development, buyer to verify. Development possibilities include an owner/user penthouse with income generating units below or an investment property. Great land bank opportunity! See marketing package for site plans.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-25T10:15:49.367.

    www.resg.com/homes/78459147

    7810 E Green Lake Dr N Seattle, WA 98103

    • Price: $1,800,000
    • Status: Pending
    • Updated: 16 min ago
    • ID#: 1214571
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,352
    SQFT
    $765
    $/SQFT
    1905
    Built
    Neighborhood:
    Green Lake
    County:
    King
    Area:
    Ballard/Greenlake
    School District:
    Seattle
    Property Description
    The property is currently improved with a commercial retail space and 3 apartment units. The subject property features a 4,277 sf corner lot, zoned LR3 on the Green Lakes coveted waterfront. With proposed MHA FAR of 2.2 the property has the potential for a 5-unit apartment development, buyer to verify. Development possibilities include an owner/user penthouse with income generating units below or an investment property. Great land bank opportunity! See marketing package for site plans.
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Cement Planked Garage Spaces 0 Lot Details Corner LotCurbsPaved StreetSidewalk Roof CompositionFlat Stories In Building 2 Style 52 - Duplex Total Parking Spaces 3 Uncovered Spaces 3 View LakeTerritorial Waterfront Lake

    Interior Features

    Floor Covering HardwoodVinylWall to Wall Carpet Heating And Cooling Wall Unit1 Bathrooms 1.00 Unit1 Bedrooms 0 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven N Unit1 Refrigerator N Unit1 Sq Ft 480 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1000 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 436 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 436 Unit4 Washer Dryer Y Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 3.42 Electrical Expenses 91 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification CommercialMulti-Family Gross Adjusted Income 78360 Gross Rent Multiplier 22 Gross Scheduled Income 80784 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1968 Leased Items None Net Operating Income 61632 New Construction YN No Other Expenses 2500 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Site Features Deck Tax Amount 7010 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 14873 Total Expenses TEX 14873 Total Monthly Income 6732 Unit1 Monthly Rent 1992 Unit2 Monthly Rent 1990 Unit3 Monthly Rent 1375 Unit4 Monthly Rent 1375 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 3 Water Sewer Garbage 4355 Water Source Community Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Real Estate Solutions Group - NWRE LLC and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-25T10:15:49.367.

     
    Real Estate Solutions Group - NWRE LLC
    1027 State Ave, Suite 102
    Marysville WA, 98270
    Listing Courtesy of Whitecap Real Estate.