715 N 95th Street, Seattle, WA 98103
- $2,100,000
- 5,260
- SqFt
Listing courtesy of John L. Scott, Inc. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $2,100,000
- List Price
- $2,100,000
- Status
- SOLD
- MLS#
- 2406370
- Closing Date
- Nov 21, 2025
- Days on Market
- 49
- Style
- 55 - 5-9 Units
- Finished SqFt
- 5,260
- Area Total SqFt
- 5260
- Annual Tax Ammount
- 17309
- Lot Size (sq ft)
- 6,325
- Sewer
- Sewer Connected
Property Description
The Fountain Apartments – a turnkey investment opportunity in the heart of Greenwood. This well-maintained 8-unit property features significant capital improvements, including a new roof (within the last 5 years), updated common areas, and full interior renovations in 6 of the 8 units. The renovated units boast spacious layouts with luxury vinyl plank flooring, quartz countertops, undermount sinks, stainless steel appliances, modern bathroom vanities, and new bathtub/tile surrounds. Select units also include private decks. With minimal remaining value-add needed—just two units left to update—The Fountain presents an excellent opportunity to stabilize the asset at a projected cap rate of over 6.5%.
Additional Information
- List Date
- 2025-10-03 00:00:00
- Community
- Greenwood
- Net Operating Income
- $142,083
- Gross Adjusted Income
- $205,955
- Gross Scheduled Income
- $193,572
- Total Monthly Income
- $16,980
- Insurance Expenses
- $8,000
- Water/Sewer/Garbage Expenses
- $13,806
- Gross Rent Multiplier
- 10.85
- Total Expenses
- $63,872
- Cap Rate
- 6.77
- Vacancy Rate
- 5
- Total Number of Units
- 8
- Unit Name
- 715
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1988
- Roof
- Composition
- Other Expenses
- 24757
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Viewlands
- Middle School
- Robert Eagle Staff Middle School
- High School
- Ingraham High
- Total Monthly Income
- $16,980
- Gross Scheduled Income
- $193,572
- Vacancy Rate
- 5
- Gross Adjusted Income
- $205,955
- Tax Year
- 2025
- Insurance Expense
- $8,000
- W/S/G Expenses
- $13,806
- Total Expenses
- $63,872
- Net Operating Income
- $142,083
- Gross Rent Multiplier
- 10.85
- Cap Rate
- 6.77
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.