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27394273
27394274

9251 Ashworth Ave N, Seattle, WA 98103 For Sale

SA
Keller Williams North Seattle
Listed by Keller Williams North Seattle
$1,295,000
284 days on market
Updated 46 days ago

9251 Ashworth Ave N, Seattle, WA 98103

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 3,520
Net Rentable (SqFt) 3,520
Units 4
Cap Rate 9.73%
NOI $126,000
Price per SqFt $376
Year Built 1963
Year Renovated 2023
Buildings 1
Stories 2
Lot Size (SqFt) 5,000
Parking Spaces 2 spaces
Parking per 1,000 SqFt 0.57
Occupancy Date 07/01/2025

Ideal for investors looking for stable income and clear long-term appreciation potential in the Seat

Marketing description

Unit Information

Unit #: 101Bedrooms: 3Bathrooms: 1SqFt: 806Rent: $2,450Range/Oven: Yes Refrigerator: Yes Dishwasher: Yes Washer/Dryer: Yes# Fireplace(s):

Unit #: 102Bedrooms: 3Bathrooms: 2SqFt: 929Rent: $2,950Range/Oven: Yes Refrigerator: Yes Dishwasher: Yes Washer/Dryer: Yes# Fireplace(s):

Unit #: 201Bedrooms: 3Bathrooms: 1SqFt: 893Rent: $2,500Range/Oven: Yes Refrigerator: Yes Dishwasher: Yes Washer/Dryer: Yes# Fireplace(s):

Unit #: 202Bedrooms: 3Bathrooms: 1SqFt: 892Rent: $2,600Range/Oven: Yes Refrigerator: Yes Dishwasher: Yes Washer/Dryer: Yes# Fireplace(s):

Investment highlights

Cash-flow investment opportunity in Seattle! Fully renovated income-producing property ideally located across from Licton Springs Park. The property is currently configured and operating as a 4-unit rental with all four units tenant occupied, generating approximately $10,550/month in gross rental income. Seller has obtained City of Seattle permit approvals related to the conversion of the existing duplex into a 4-unit multifamily property. Major layout and unit conversion work has already been completed. The remaining scope primarily consists of final compliance-related improvements, utility coordination, inspections, and final City sign-off required for full legalization and project completion. Property is being sold as-is. Buyer to verify all permitting status, remaining construction requirements, and intended future use to their own satisfaction. Each unit has been updated with modern finishes including LVP flooring, granite countertops, stainless steel appliances, and in-unit washer/dryer. Property offers dedicated parking plus additional street parking and is located on a quiet street with convenient access to transit, parks, shopping, and major Seattle amenities. Excellent opportunity for investors seeking immediate cash flow, future upside, and long-term appreciation in a strong Seattle location. 425-223-6046 -Mira

Listing Contacts

SA
Keller Williams North Seattle
Listed by Keller Williams North Seattle

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$126,000.00
$10,500.00/mo

Valuation Metrics

0
DSCR
9.73%
Cap Rate
9.73%
ROI

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Additional Information

Name
Stanimira Atanasova
License
22022588
Brokerage
Keller Willims North Seattle
Brokerage Phone
4252236046
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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