305 NE 65th Street, Seattle, WA 98115
- $1,650,000
- 3,250
- SqFt
Listing courtesy of Windermere Real Estate/M2, LLC.
- List Price
- $1,650,000
- Status
- ACTIVE
- MLS#
- 2565711
- Days on Market
- 117
- Style
- 54 - 4-Plex
- Building Condition
- Fair
- Finished SqFt
- 3,250
- Area Total SqFt
- 3250
- Annual Tax Ammount
- 14612.2
- Lot Size (sq ft)
- 5,400
- Sewer
- Sewer Connected
Property Description
Rare commercial property investment opportunity in Seattle's Green Lake neighborhood. This 3,250 sq ft building sits on a 5,400 sq ft lot and is currently home to 1 retail business and 3 housing units . Recent rezoning allows building up to the height of 40 feet. Here's one of the few remaining chances at commercial development in the neighborhood!
Additional Information
- List Date
- 2026-04-10 19:59:14
- Community
- Green Lake
- Net Operating Income
- $67,181
- Gross Adjusted Income
- $87,000
- Gross Scheduled Income
- $87,000
- Total Monthly Income
- $7,250
- Insurance Expenses
- $5,206
- Gross Rent Multiplier
- 18.96
- Total Expenses
- $19,818
- Cap Rate
- 4.6
- Total Number of Units
- 4
- Unit Name
- 305
- Potential Terms
- Cash, Conventional
- Year Built
- 1907
- View
- Territorial
- Roof
- Built-Up, Composition
- Site Features
- Fenced-Partially, Gas Available
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Total Monthly Income
- $7,250
- Gross Scheduled Income
- $87,000
- Gross Adjusted Income
- $87,000
- Tax Year
- 2025
- Insurance Expense
- $5,206
- Total Expenses
- $19,818
- Net Operating Income
- $67,181
- Gross Rent Multiplier
- 18.96
- Cap Rate
- 4.6
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.