8833 Nesbit Avenue North

Seattle, WA 98103

$1,850,000
Price
8
Beds
6
Baths
5,412 Sq. Ft.
$342 / Sq. Ft.
5,412
Sq. Ft.
$342
per Sq. Ft.

Description

Well maintained and professionally managed 6-unit apartment north of Green Lake. The building was originally constructed in 1995, with updating in 2008, also as units turnover. Large underground secured parking garage. Three large 2-bedrom units, two 1-bedroom units and a studio apartment in basement. New fence in rear yard and fresh bark. 100% leased with 1-unit vacating at end of April. Interior common corridors, wall to wall carpet with mostly white appliance packages, and laminate flooring. Some...Well maintained and professionally managed 6-unit apartment north of Green Lake. The building was originally constructed in 1995, with updating in 2008, also as units turnover. Large underground secured parking garage. Three large 2-bedrom units, two 1-bedroom units and a studio apartment in basement. New fence in rear yard and fresh bark. 100% leased with 1-unit vacating at end of April. Interior common corridors, wall to wall carpet with mostly white appliance packages, and laminate flooring. Some units have newer LVP flooring and other updates. No interior showings until contract agreement, google the address and rental listing will show up to view inside of the upcoming vacant unit. Market Rates over a 5.1% Cap, With Renovations 7.0%+
  1. Listed by Jeff Totzek • The Remlinger Group

Property Details for 8833 Nesbit Avenue North

Community Name
Licton Springs
School District
Seattle
Number of Assigned Spaces
6
Total Covered Parking
6
Entry Date
04-15-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of The Remlinger Group
Add your commute
LISTING UPDATED: 05/14/2024 12:02 PM

Property Details for 8833 Nesbit Avenue North

StatusActive
MLS #2223678
Days on Market35
Cumulative Days on Market22
Taxes$15,651 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1995
Lot Size0.12 AC / 5,125 SF
CountyKing County

Location

Listing Courtesy of The Remlinger Group
Add your commute

Building Information for 8833 Nesbit Avenue North

Stories2Residences6Year Built1995Building Size-Lot Size0.12 AC / 5,125 SF

Payment Calculator

$11,400 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

$1,304

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8833 Nesbit Avenue North

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Fenced-Fully
  • Area: 705 - Ballard/Greenlake
  • Block: 8
  • Effective Year Built Source: Public Records
  • Directions: From Aurora turn east on N 90th St or N 88th Street. Then turn on Nesbit. Subject is mid-block on east side of street.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
  • Additional Tax Ids: 0993000425
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate
  • Features: Laminate, Laminate Hardwood
  • Amenities: Basement,Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 6148
  • Power Company: SCL
  • Sewer Company: SPU
  • Water Company: SPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: County
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2008
  • Photos Count: 12
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 47x101
  • Lot Number: 1-2
  • Lot Size Source: County
  • Parcel Number Free Text: 0993000425
  • Building Condition: Good
  • Calculated Square Footage: 5412
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 5412.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 3
  • Number Of Units Total: 6
  • Units Below Grade: true
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $807
  • Total Expenses: 40362
  • Gross Adjusted Income: 1
  • Gross Rent Multiplier: 16.27
  • Gross Scheduled Income: $113,676
  • Insurance Expense: $1,500
  • Net Operating Income: $69,904
  • Other Expenses: $16,256
  • Total Monthly Income: 9483
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 531
  • Rent Unit 1: $1,575.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 450
  • Rent Unit 2: $1,315.00
  • Bedrooms Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 531
  • Rent Unit 3: $1,302.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1300
  • Rent Unit 4: $1,775.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 1300
  • Rent Unit 5: $1,645.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 1300
  • Rent Unit 6: $1,525.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 5412.0
  • Leasable Area Units: Square Feet

Property History for 8833 Nesbit Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 8833 Nesbit Avenue North

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Daniel Bagley Elementary School
PublicK to 5

Robert Eagle Staff Middle School
Public6 to 8

Ingraham High School
Public9 to 12

Education Service Centers
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

8833 Nesbit Avenue North is a multi-family home for sale in Seattle, WA 98103. This property was listed for sale on April 15, 2024 by The Remlinger Group, it's currently listed at $1,850,000. This listing's school district is Seattle Public Schools. Nearby schools include Daniel Bagley Elementary School, Robert Eagle Staff Middle School and Ingraham High School. 8833 Nesbit Avenue North is a 8-bed, 6-bath, 5,412 sqft multi-family home built in 1995.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Remlinger Group

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.