Seattle, WA 98125,12333 33rd AVE NE
Seattle, WA 98125,12333 33rd AVE NE
Seattle, WA 98125,12333 33rd AVE NE
15
Listed by Northmarq Commercial, LLC
Bought with Windermere Real Estate Central
$2,700,000
$2,795,000
3.4%
Est.Price: ?

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10,986 SqFt

12333 33rd AVE NE Seattle, WA 98125

Est. payment /mo
SOLD DATE : 05/24/2024

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Key Details

Sold Price $2,700,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 10,986 sqft

Price per Sqft $245

Subdivision Lake City

MLS Listing ID 2190425

Style 56 - 10+ Units

Year Built 1967

Annual Tax Amount $23,288

Lot Size 10,018 Sqft

Property Description

Maria Manor is a prime investment opportunity in the heart of Lake City. Built in 1967, this partially renovated asset is strategically located just off Lake City Way, with value-add potential for investors. Maria Manor?s location ensures easy access to public transit and surrounding retail, with Northgate Station just 2.5 miles away. With a total of 11 units, Maria Manor boasts 6 units that have already undergone full renovations, setting the stage for enhanced rental income potential. Situated on a 0.23-acre LR3 (M) zoned lot, this property offers a mix of 1- and 2-bedroom units, totaling a NRSF of 9,580. Savvy investors can capitalize on the remaining 5 unrenovated units, unlocking a 13% increase in gross potential rent.

Location

State WA

County King

Area 710 - North Seattle

Interior

Flooring Vinyl, Carpet

Exterior

Exterior Feature Cement Planked, Wood

Amenities Available Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio

Waterfront No

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

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Kyle H Martin

Agent | License ID: 134683

+1(360) 392-5475

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