12333 33rd Avenue NE Seattle, WA 98125
Listing Courtesy of: Northwest MLS / Northmarq Commercial, LLC and Windermere Real Estate Central

  12333 33rd Avenue NE Seattle, WA 98125

Sold (144 Days)
$2,700,000
10,986
SQFT

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.

MLS #:
2190425
Taxes
$23,288(2023)
Lot Size
10,018 SQFT
Type
Multifamily
Building Name
Maria Manor
Year Built
1967
Style
10+ Units
School District
Seattle
County
King County
Community
Lake City

Listed By

Matt Johnston, Northmarq Commercial, LLC
Bought with
Rolan Eleazar, Windermere Real Estate Central
Source
Northwest MLS as distributed by MLS Grid
Last checked Nov 21 2024 at 9:02 AM GMT-0800
Bathroom Details
Interior Features
  • Wall to Wall Carpet
Subdivision
  • Lake City
Property Features
  • Cable Tv
  • Deck
  • Fenced-Partially
  • High Speed Internet
  • Patio
  • Fireplace: 0
Heating and Cooling
  • Forced Air
Flooring
  • Vinyl
  • Carpet
Exterior Features
  • Cement Planked
  • Wood
  • Roof: Flat
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Additional Listing Info
  • Buyer Brokerage Compensation: 2.0
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Disclaimer: Based on information submitted to the MLS GRID as of 2024 11/21/24 01:02. 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.