** 5.75% rate for Investment property financing with preferred lender. ** Rare Investment opportunity in HIGHLY SOUGHT AFTER Green Lake! All units leased on Annual Terms, tenants pay utilities, no HOA. Green Home, divided into 6 units. Each unit has 2 bedrooms, 2.5 baths, Individual 1 car GARAGE, Washer/dryer in unit, fully fenced patio with roof top deck offering amazing views of Seattle Downtown and beautiful Mt Rainier. Open floor plan with gourmet kitchen, SS appliances, steam shower, AC Mini-splits. Walking distance from Restaurants, parks, schools, and much more! Addresses are 1400,1402,1404,1406,1408,1410. Each unit has a separate tax parcel. Rents are below market value. Proforma Cap rate - 5.874%
Listing Provided Courtesy of Roopa Kannasani, Roopa Group
General Information
NWM2368072
Multi Family
28
DOM
5118.3 SqFt
6440
2021
King
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential Incom
Multi Family
Listing Provided Courtesy of Roopa Kannasani, Roopa Group
Krishna Realty data last checked: Jun 07, 2025 16:36 | Listing last modified May 28, 2025 18:27,
Source:
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Residence Information
6440
Flat
55 - 5-9 Units
2021
Slab
Thermal Windows
Features and Utilities
Laminate
Cement Planked, Wood Products
Public
Sewer Connected
0
Financial
33813.92
Cash Out, Conventional, See Remarks
04-30-2025
Comparable Information
28
28
Cash Out, Conventional, See Remarks
$4,600,000
$4,600,000
May 28, 2025 18:27
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
** 5.75% rate for Investment property financing with preferred lender. ** Rare Investment opportunity in HIGHLY SOUGHT AFTER Green Lake! All units leased on Annual Terms, tenants pay utilities, no HOA. Green Home, divided into 6 units. Each unit has 2 bedrooms, 2.5 baths, Individual 1 car GARAGE, Washer/dryer in unit, fully fenced patio with roof top deck offering amazing views of Seattle Downtown and beautiful Mt Rainier. Open floor plan with gourmet kitchen, SS appliances, steam shower, AC Mini-splits. Walking distance from Restaurants, parks, schools, and much more! Addresses are 1400,1402,1404,1406,1408,1410. Each unit has a separate tax parcel. Rents are below market value. Proforma Cap rate - 5.874%
