$2,300,000

3 Beds 11 Baths 4,643 SQFT 0.18 Acres

Type: Multi-Family

6537 Oswego Place NE
Seattle, WA 98115

MLS#: 2563692

Presented by: Windermere Bellevue Commons and NWMLS

Property Description

Exceptional investment opportunity just minutes from Green Lake. This well-maintained 11-unit apartment building features a desirable unit mix of nine studios and two one-bedroom units. Professional management is already in place and available to continue operations, offering a seamless transition for a passive investor. The property is zoned LR3 (RC), providing attractive future development potential. Amenities include off-street parking, storage lockers, coin-operated laundry, and individual water heaters for each unit, all replaced in 2023. Five of the eleven units have been remodeled. Ideally located within walking distance of the Roosevelt Light Rail Station, and the Green Lake Park & Ride, ,Convenient access to downtown Seattle, shopping, dining and recreation. A rare opportunity for the move-up investor seeking stable income today and long-term growth potential tomorrow.

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo

Fireplace Y/NNo

FlooringHardwood, Carpet

Heating Y/NYes

Power Production TypeGeothermal

Total Fireplaces0

Total Stories2

General

AFH621

AmenitiesBasement, Coin Op Laundry, Storage, Thermal Windows

Building Area Units0 sqft

Cap Rate4

Carport Spaces0

Carport Y/NNo

CitySeattle

CoolingNone

CountyKing

DirectionsI5N Exit 170 at Ravenna Blvd towards NE 65TH St, continue of 8th Ave NE, left on NE Reavenna Blvd, right on NE 65th St, left on Oswego Place NE. Property located on end of street on the left.

Electric Expense797

Elementary SchoolGreen Lake

Energy EfficientThermal Windows

Fuel Expense0

Garage Spaces0

HOANo

HOA Fee$0

HeatingWall Furnace

High SchoolRoosevelt High

High School DistrictSeattle

Insurance Expense5001

Leasable Area4,643 sqft

Listing TermsCash, Conventional

Living Area0 sqft

Lot Size Square Feet7,800 sqft

Lot Size UnitsSquare Feet

MLS Area705 - Ballard/Greenlake

Middle/Junior High SchoolEckstein Mid

NWM_ShowMapLinkY

Net Operating Income104185

New ConstructionNo

Number Of Units Total11

PossessionSubject To Tenant Rights

Possible UseMulti-Family

Property ConditionGood

Property Style56 - 10+ Units

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksExceptional investment opportunity just minutes from Green Lake. This well-maintained 11-unit apartment building features a desirable unit mix of nine studios and two one-bedroom units. Professional

RoofComposition, Torch Down

Security FeaturesPartially Fenced

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeMulti Family

Subdivision NameGreen Lake

Tax Annual Amount$21,198

Tax Year2025

Units Below Gradefalse

Units In Building Total11

Water CompanySPU

Water Sewer Garbage5858

Year Built1950

Zoning DescriptionMulti-Family

Exterior

Building Area Total4,643 sqft

Covered Spaces0

Exterior AmenitiesBrick, Cement Planked

Foundation DetailsPoured Concrete

Irrigation Water Rights Y/NNo

Lot Dimensions60'x 130'

Lot FeaturesCurbs, Dead End Street, Paved, Sidewalk

Lot Size Acres0.1791

Parking Uncovered Total7

Site FeaturesCable TV, Fenced-Partially, High Speed Internet

Total Parking7

Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Green Lake Elementary School

High School Roosevelt High

Middle School Eckstein Mid

Similar Properties

$2,300,000

3 Beds 11 Baths 4,643 SQFT 0.18 Acres

Type: Multi-Family

6537 Oswego Place NE
Seattle, WA 98115

MLS#: 2563692

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Property

$2,300,000

6537 Oswego Place NE
Seattle, WA 98115

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$2,300,000

6537 Oswego Place NE
Seattle, WA 98115

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Property

$2,300,000

6537 Oswego Place NESeattle, WA 98115

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$2,300,000

6537 Oswego Place NESeattle, WA 98115

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6537 Oswego Place NE
Seattle, WA 98115

6537 Oswego Place NE
Seattle, WA 98115