Seattle, WA 98115,8523 23rd AVE NE
Seattle, WA 98115,8523 23rd AVE NE
Seattle, WA 98115,8523 23rd AVE NE
Seattle, WA 98115,8523 23rd AVE NE
Seattle, WA 98115,8523 23rd AVE NE
Seattle, WA 98115,8523 23rd AVE NE
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Listed by Blake Investment Advisors
Bought with Windermere Real Estate Central

$1,940,000

$2,000,000

3.0%
Est.Price: ?

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Est. payment /mo

6,260 Sqft Lot


SOLD DATE : 04/01/2024

Key Details

Sold Price $1,940,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Wedgwood

MLS Listing ID 2197876

Sold Date 04/01/24

Style 54 - 4-Plex

Year Built 1970

Annual Tax Amount $9,655

Lot Size 6,260 Sqft

Property Description

SELLER FINANCING with POSITIVE LEVERAGE ~ Investors can acquire a well-maintained asset with improvements that combine to create a turnkey investment and durable income stream via attractive purchasing terms offered by the seller. Terms include a 25% down payment, a 4.5% rate with interest-only payments, and a 7-year term. Improvements like ductless mini-split heat pumps, which are significantly more efficient and provide heat and air conditioning to the units. A new 25-year roof was placed in service 5 years ago, new water heaters, and a hot water circulation pump create ready-to-use hot water on-demand saving time and money. Opportunity exists to institute utility bill back and install washers and dryers in the units to increase rents.

Location

State WA

County King

Area 710 - North Seattle

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Owner Financing

Listing Terms Owner Financing

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Northwest MLS (NWMLS)
agent-avatar

+1(360) 789-4979

kennon@maurerhomegroup.com

204 Custer Way, Tumwater, WA, 98501, United States

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