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12333 33rd Avenue NE

Seattle, WA 98125
  • $2,795,000
  • STATUS: Pending Inspection
  • ID#: 2190425
Under Contract
$2,795,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,986
    SQFT
  • $254
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1967
County:

School Ratings & Info

School District:
Northwest MLS logoListing information ©2024 Northwest MLS. Listing courtesy of Northmarq Commercial, LLC.
Mortgage Calculator is provided by BoomTown.

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.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-04-04T00:14:42.26. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-04-04T00:14:42.26. 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.
www.kwpropertypros.com/homes/146547118
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12333 33rd Avenue NE Seattle, WA 98125

  • Price: $2,795,000
  • Status: Pending Inspection
  • On Site: Days
  • ID#: 2190425
0
Beds
0
Baths
0
½ Baths
0.23
Acres
10,986
SQFT
$254
$/SQFT
1967
Built
Neighborhood:
Lake City
County:
King
Area:
N.Seattle/UW/Wedgewood/V.Ridge/Lk Cty
School District:
Seattle
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.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Cement PlankedWood Open Parking Spaces 6 Open Parking YN Yes Parking Total 6 Parking Uncovered Spaces 6 Roof Flat Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

Interior Features

Building Area Total 10986 Cooling Forced Air Cooling YN Yes Fireplace YN No Flooring VinylCarpet Heating Forced Air Heating YN Yes Interior Features Wall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Coin Op LaundryStorage Association Fee 0 Association YN No Building Name Maria Manor Energy Source Electric Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 170176 New Construction YN No Possession Closing Possible Use Multi-Family Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Site Features Cable TVDeckFenced-PartiallyHigh Speed InternetPatio Special Listing Conditions None Tax Annual Amount 23288 Tax Year 2023 Units In Building Total 11 Water Source Public Zoning Class Multi-Family



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-04-04T00:14:42.26. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-04-04T00:14:42.26. 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.
 
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Keller Williams Realty
1029 E Main Street, Suite 201
Puyallup WA, 98372
Northwest MLS logoListing information ©2024 Northwest MLS. Listing courtesy of Northmarq Commercial, LLC.
Mortgage Calculator is provided by BoomTown.