10551 N Midvale Ave Active

Seattle,WA 98133

$ 1290000

9 Beds

5 Baths

4750 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,750 sqft

Price per Sqft $271

Subdivision Northgate

MLS Listing ID 2307921

Style 55 - 5-9 Units

Bedrooms 9

Year Built 1986

Annual Tax Amount $13,100

Lot Size 490 Sqft

Property Description

Seize this chance to own a 5-unit complex in Seattle?s thriving Northgate neighborhood, offering strong cash flow and growth potential. Featuring four spacious 2-bedrooms/1-bath units & one 1-bedroom/1-bath unit, (total of 5 units) this asset has below-market rents, allowing for significant revenue growth. Interiors were updated in 2019 with waterproof vinyl plank flooring, new countertops & appliances, and a new roof was installed in 2019. Tenant amenities include 10 parking spaces, cover parking garage, and a coin-op laundry inside the premises. Walking distance to transit, minutes from I-5, HWY 99, & restaurants. This property is ideal for investors looking to capitalize on Seattle?s rental market with strong, steady returns. Sold as is.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Flooring Vinyl Plank,Carpet

Exterior

Exterior Feature Wood Products

Amenities Available Fenced-Fully

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Acceptable Financing Cash Out,Conventional,See Remarks

Listing Terms Cash Out,Conventional,See Remarks

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