$1,550,000

9 Beds 11 Baths 6,856 SQFT 0.15 Acres
Type: Multi-Family

709 N 95th St
Seattle, WA 98103

MLS#: 2589046
Presented by: Pacific Crest; Alan Wileman; 559-679-7128; alan.wileman@pacificcrestre.com

Property Description

 

Pacific Crest Real Estate is pleased to be the exclusive listing agent for Oak Springs Suites. Oak Springs Suites is an 7-unit + Office apartment community located at 709 N 95th St in Seattle's Greenwood neighborhood and is located just blocks from the Greenwood Ave N retail corridor and minutes from Green Lake, Phinney Ridge, and North Seattle College. Built in 1990, the property offers a diversified unit mix of studio, one-, two-, and three-bedroom homes with meaningful in-place rental upside. With rents trailing market 10%, and room for further rent growth through capital improvements, Oak Springs Suites presents a clear value-add opportunity for a new investor to drive NOI through lease-up of below-market units, a light capital improvement program, and ongoing operational stabilization.


 

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
FlooringVinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Building NamePFEIFFERS ADD
Cap Rate7
Carport Spaces0
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsTake I-5 North to the NE 85th St exit, go west on 85th to Greenwood Ave N, turn right, then left on N 95th St. 709 N 95th is just before Aurora. Location will be on your left. Confirm in a maps app
Electric Expense1132
Elementary SchoolViewlands
Fuel Expense0
Garage Spaces8
HOANo
HOA Fee$0
HeatingBaseboard
High SchoolIngraham High
High School DistrictSeattle
Insurance Expense6213
Leasable Area5,828 sqft
Listing TermsConventional
Living Area0 sqft
Lot Size Square Feet6,325 sqft
Lot Size UnitsSquare Feet
MLS Area710 - North Seattle
Middle/Junior High SchoolRobert Eagle Staff Middle School
NWM_ShowMapLinkY
Net Operating Income108464
New ConstructionNo
Number Of Units Total8
PossessionClosing
Possible UseMulti-Family
Property Style55 - 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksPacific Crest Real Estate is pleased to be the exclusive listing agent for Oak Springs Suites. Oak Springs Suites is an 7-unit + Office apartment community located at 709 N 95th St in Seattle's Green
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameSeattle
Tax Annual Amount$20,942
Tax Year2025
Units Below Gradefalse
Units In Building Total8
Water CompanySeattle Public Utilities
Water Sewer Garbage15775
Year Built1990
Zoning DescriptionMulti-Family

Exterior

Building Area Total6,856 sqft
Covered Spaces8
Exterior AmenitiesStucco
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Number3
Lot Size Acres0.1452
Parking Uncovered Total0
Total Parking8
Water SourceCommunity
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School Viewlands Elementary School
High School Ingraham High
Middle School Robert Eagle Staff Middle School

  

Similar Properties

$1,550,000

9 Beds 11 Baths 6,856 SQFT 0.15 Acres
Type: Multi-Family

709 N 95th St
Seattle, WA 98103

MLS#: 2589046