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3055 NE 140th ST, Seattle, WA 98125
3055 NE 140th ST, Seattle, WA 98125
3055 NE 140th ST, Seattle, WA 98125
40
See all 40 photos
Listed by:Opal Blue Real Estate, LLC • Grant Fosheim
$2,150,000
Est. payment /mo
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12 Beds
10 Baths
8,711 SqFt
Active

3055 NE 140th ST Seattle, WA 98125

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Henry Jamerson

Henry Jamerson

+1(206) 839-6096

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,711 sqft

Price per Sqft $246

Subdivision Lake City

MLS Listing ID 2596136

Style 56 - 10+ Units

Bedrooms 12

Year Built 1968

Annual Tax Amount $17,226

Lot Size 8,480 Sqft

Property Sub-Type Multi Family

Property Description

Turnkey 10-unit Marella Apartments in Seattle's Lake City neighborhood. All major capital projects are complete: fully re-sided with exterior paint, new roof and new windows (2023), new electrical panels (2025) and a new sewer line (2025-26), with updated common areas. Seven of ten units are renovated, leaving only three to turn. Professionally managed with zero vacancies and zero delinquencies, and all paperwork is in order: move-in reports, security deposits and last month's rent on file. Eight 1BD/1BA (approx. 675 sf) and two 2BD/1BA (approx. 850 sf) units, plus 14 off-street parking spaces. Built 1968, effective year built 1992 per tax records, on an 8,480 sf lot. Large walk-in closets next to each hot water tank make adding in-unit washers and dryers easy. Close to Lake City Way shops, services and transit, with Stride bus rapid transit coming in 2028. 5.76% cap rate on in-place rents, 6.85% at market.

Location

State WA

County King

Area 710 - North Seattle

Interior

Flooring Laminate, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N Yes

View Territorial

Roof Type Flat

Building

Lot Description Corner Lot, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.youtube.com/watch?v=9UYXobwAVrM

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Amenities & Attractions
Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Education
Local Media
Pets
Public Services & Government

  • Man’oushe Express

    13721 Lake City Way NE, Seattle, WA 98125

    Middle Eastern Phone: 206-367-0895

  • BeanCity Coffee Co

    12547 Lake City Way NE, Seattle, WA 98125

    Breakfast & Brunch Phone: 206-650-5598

  • Toyoda Sushi

    12543 Lake City Way NE, Seattle, WA 98125

    Japanese Phone: 206-367-7972

  • Goodies Mediterranean Market

    13721 Lake City Way NE, Seattle, WA 98125

    Mediterranean Phone: 206-362-2694

  • Jack In The Box

    13055 Lake City Way NE, Seattle, WA 98125

    Burgers Phone: 206-364-3485

  • Kaffeeklatsch

    12513 Lake City Way NE, Seattle, WA 98125

    Coffee & Tea Phone: 206-462-1059

  • Taco Bell

    14506 Bothell Way NE, Seattle, WA 98155

    Fast Food Phone: 206-367-4248

  • El Norte Lounge

    13717 Lake City Way NE, Seattle, WA 98125

    Lounges Phone: 206-765-0361

  • Panda Express

    12513 Lake City Way NE, Seattle, WA 98125

    Chinese Phone: 206-367-0822

  • BeanCity Coffee

    12547 Lake City Way NE, Seattle, WA 98125

    Breakfast & Brunch Phone: 206-650-5598

  • Teriyaki Time

    3008 NE 127th St, Seattle, WA 98125

    Japanese Phone: 206-367-5003

  • Pizza Hut

    14346 15th Ave. N.E., Seattle, WA 98125

    Pizza Phone: 206-364-4400

  • Aloha Ramen

    3004 NE 127th St, Seattle, WA 98125

    Ramen Phone: 206-838-3837

  • Papa Murphy’s

    3000 NE 127th St, Seattle, WA 98125

    Pizza Phone: 206-306-7272

  • Cap’n Mike’s Holy Smoke

    Farmers Market, Seattle, WA 98125

    Seafood Markets

  • Elliott Bay Public House & Brewery

    12537 Lake City Way NE, Seattle, WA 98125

    American (Traditional) Phone: 206-365-2337

  • Caroline Tavern

    13702 15th Ave NE, Seattle, WA 98125

    Dive Bars Phone: 206-363-3300

Educational Environment

Elementary Schools (2)
Name
Category
Grades
Library
Ratio
6/10
Olympic Hills Elementary School
13018 20th Ave NE, Seattle, WA 98125
Public
PK - 5
No
STUDENTS/TEACHERS
0/10
Chelsea House Montessori Preschool/Kindergarden
13742 30th Ave NE, Seattle, WA 98125
Private
PK - TKG
No
5:1 STUDENTS/TEACHERS

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