6710 Greenwood Avenue N Unit #1-6, Seattle, WA 98103
- $2,736,523
- 5,712
- SqFt
Listing courtesy of Kidder Mathews. Selling Office: Kidder Mathews.
- Sold Price
- $2,736,523
- List Price
- $2,695,000
- Status
- SOLD
- MLS#
- 2478703
- Closing Date
- May 18, 2026
- Days on Market
- 31
- Style
- 55 - 5-9 Units
- Finished SqFt
- 5,712
- Area Total SqFt
- 5712
- Annual Tax Ammount
- 18781
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
Alchemy Apartments is a unique, like-new asset located in the heart of Seattle’s Phinney Ridge neighborhood. The property offers profitability, long term durability, & upside while providing walkability & modern finishes to residents. The Alchemy features fully remodeled 2-bed/2-bath residences averaging approx. 850 SF. Units have been upgraded with contemporary interiors, in-unit laundry, dishwashers, & modern systems. Constructed with a charming brick veneer exterior & just the right amount of old-world charm, Alchemy Apartments offers lasting quality & low-maintenance ownership, as the building will never require exterior repainting & all major systems have been completely updated. On-site parking is available for 5 vehicles. The Alchemy boasts a Very Walkable walk score of 89, with residents just steps from Phinney Ridge’s restaurants, coffee shops, grocery stores, & neighborhood services. The property is within steps of bus route 5 & is approximately a 1/2 mile from the E Line. Additionally, quick access to Interstates 99 & 5 allows for efficient commutes to Downtown, SLU, & the Eastside. The Alchemy offers a 5.7% cap rate based on current income & expenses, providing investors with immediate, in-place cash flow alongside immediate upside. This easy upside was demonstrated by the most recently rented unit going for $3,395. Irreplaceable location, strong rental performance & profitability, excellent transit connectivity, & turnkey condition. Fully renovated in 2013.
/t.realgeeks.media/resize/300x/https://u.realgeeks.media/lakecavanaughrealty%252FLCRElogoeddie.png)
Additional Information
- List Date
- 2026-04-17 00:00:00
- Community
- Phinney Ridge
- Net Operating Income
- $154,769
- Gross Adjusted Income
- $212,107
- Gross Scheduled Income
- $200,880
- Total Monthly Income
- $18,606
- Insurance Expenses
- $4,365
- Water/Sewer/Garbage Expenses
- $11,781
- Gross Rent Multiplier
- 12.1
- Total Expenses
- $57,337
- Cap Rate
- 5.7
- Vacancy Rate
- 11164
- Total Number of Units
- 6
- Unit Name
- 6710
- Potential Terms
- Cash, Conventional
- Year Built
- 1904
- Roof
- Flat
- Site Features
- Fenced-Partially
- Other Expenses
- 22410
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- West Woodland
- Middle School
- Hamilton Mid
- High School
- Lincoln High
- Total Monthly Income
- $18,606
- Gross Scheduled Income
- $200,880
- Vacancy Rate
- 11164
- Gross Adjusted Income
- $212,107
- Tax Year
- 2025
- Insurance Expense
- $4,365
- W/S/G Expenses
- $11,781
- Total Expenses
- $57,337
- Net Operating Income
- $154,769
- Gross Rent Multiplier
- 12.1
- Cap Rate
- 5.7
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.