10202 1ST AVE NW new to site Save Request In-Person Tour Request Virtual Tour
Seattle,WA 98177
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,530 sqft
Price per Sqft $275
Subdivision Olympic Hills
MLS Listing ID 2370636
Style 54 - 4-Plex
Bedrooms 12
Year Built 1949
Annual Tax Amount $12,682
Lot Size 6,032 Sqft
Property Sub-Type Multi Family
Property Description
This is a well maintained 4plex in a great location. Property has a new roof & paint in 2019. The seller completed a pre-sale property inspection and addressed the maintenance punch list. Long term tenants enjoy below market rents, strong upside in market rents. 3 town-style apartments were built in 2000, All 3 bedrooms,2 baths, all equipped with washer dryer, dishwashers and disposers. The original attached SFR has 3 bedrooms and 1 bath. The lot is fenced on three sides has one garage and uncovered parking for three vehicles at the back. Investor upside with rent increases to market and additional development. Seller Financing available, Terms: Seller Note $725K 36 months 5.75% interest only, balance in cash. no loan subordinations
Location
State WA
County King
Area 710 - North Seattle
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Acceptable Financing Cash Out,Conventional,Owner Financing
Listing Terms Cash Out,Conventional,Owner Financing