6500 Phinney Avenue N, Seattle, WA 98103

$1,135,000
3,182
SqFt

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Listing courtesy of Windermere RE Greenwood. Selling Office: Upside Properties.

Sold Price
$1,135,000
List Price
$1,325,000
Status
SOLD
MLS#
2425793
Closing Date
Dec 02, 2025
Days on Market
55
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
3,182
Area Total SqFt
3182
Annual Tax Ammount
10800
Lot Size (sq ft)
3,452
Sewer
Sewer Connected

Property Description

Perfectly positioned Mixed-Use Commercial/Residential corner lot property w/fantastic rental history just blocks from Woodland Park Zoo, Green Lake, public transit options, popular area amenities, cafes, restaurants & conveniences. A solid investment boasting modern updates throughout while preserving era relevant architectural features. Includes 1 commercial space with long term tenant & 2 vacant residential units; each with separate exterior access, individual meters, dedicated in-unit washer/dryer, abundance of storage & ample off-street parking w/alley access. Unit C: 2-story w/views of Green Lake, 4bed/2bth, fireplace, hardwoods & ss appliances. Unit D: street level, 2bed/1bth. Professional pre-inspection & sewer scope provided.

Additional Information

List Date
2025-10-08 00:00:00
Community
Phinney Ridge
Net Operating Income
$54,368
Gross Adjusted Income
$54,368
Gross Scheduled Income
$89,264
Total Monthly Income
$8,626
Insurance Expenses
$6,407
Water/Sewer/Garbage Expenses
$5,317
Gross Rent Multiplier
15.5
Total Expenses
$23,627
Cap Rate
4
Vacancy Rate
7
Total Number of Units
3
Unit Name
6500
Potential Terms
Cash Out, Conventional
Year Built
1920
View
City, Lake, Mountain(s)
Roof
Composition, Torch Down
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Patio
Electric Expenses
400
Other Expenses
703
Energy Source
Electric
School District
Seattle
Total Monthly Income
$8,626
Gross Scheduled Income
$89,264
Vacancy Rate
7
Gross Adjusted Income
$54,368
Tax Year
2024
Insurance Expense
$6,407
W/S/G Expenses
$5,317
Total Expenses
$23,627
Net Operating Income
$54,368
Gross Rent Multiplier
15.5
Cap Rate
4
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.
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