Seattle, WA 98125,12333 33rd AVE NE
Seattle, WA 98125,12333 33rd AVE NE
Seattle, WA 98125,12333 33rd AVE NE
Seattle, WA 98125,12333 33rd AVE NE
Seattle, WA 98125,12333 33rd AVE NE
Seattle, WA 98125,12333 33rd AVE NE
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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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Est. payment /mo

10,986 SqFt


SOLD DATE : 05/24/2024

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

Sold Date 05/24/24

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

Interior Features Wall to Wall Carpet

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Cement Planked, Wood

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

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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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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