1126 N 90th Street, Seattle, WA 98103
- $1,725,000
- 4,706
- SqFt
Listing courtesy of VerraTerra. Selling Office: Berkshire Hathaway HS NW.
- Sold Price
- $1,725,000
- List Price
- $1,900,000
- Status
- SOLD
- MLS#
- 2451010
- Closing Date
- Aug 31, 2026
- Days on Market
- 210
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Finished SqFt
- 4,706
- Area Total SqFt
- 4706
- Annual Tax Ammount
- 5869
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 3,290
- Sewer
- Sewer Connected
Property Description
Built in 2015, this contemporary midrise offers 8 thoughtfully designed one-bedroom residences in the heart of North Seattle. Large windows that fill the space with natural light, driftwood-style flooring, and granite countertops that complement the sleek stainless steel appliances and tile backsplashes. Residents enjoy in-unit washer and dryers, AC, and a modern open layout ideal for today’s urban lifestyle. Located near shops, transit, and neighborhood amenities, this property offers both modern comfort and long-term value. The building's clean modern design and low-maintenance systems make it an ideal long-term hold for investors seeking stable cash flow and appreciation potential. 6% cap rate. Prop tax reduced thru 2028 for MFTE.
Additional Information
- List Date
- 2026-02-02 00:00:00
- Community
- Licton Springs
- Net Operating Income
- $107,113
- Gross Adjusted Income
- $153,900
- Gross Scheduled Income
- $162,000
- Total Monthly Income
- $13,500
- Insurance Expenses
- $7,101
- Water/Sewer/Garbage Expenses
- $8,835
- Gross Rent Multiplier
- 11.7
- Total Expenses
- $46,787
- Cap Rate
- 5.64
- Vacancy Rate
- 5
- Total Number of Units
- 8
- Unit Name
- 1126
- Potential Terms
- Cash
- Year Built
- 2015
- Roof
- Flat
- Site Features
- Cable TV, Fenced-Fully, Gated Entry, High Speed Internet, Patio
- Electric Expenses
- 7867
- Other Expenses
- 17115
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Daniel Bagley
- Middle School
- Robert Eagle Staff Middle School
- High School
- Ingraham High
- Total Monthly Income
- $13,500
- Gross Scheduled Income
- $162,000
- Vacancy Rate
- 5
- Gross Adjusted Income
- $153,900
- Tax Year
- 2025
- Insurance Expense
- $7,101
- W/S/G Expenses
- $8,835
- Total Expenses
- $46,787
- Net Operating Income
- $107,113
- Gross Rent Multiplier
- 11.7
- Cap Rate
- 5.64
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.