Presented by: Northmarq Commercial, LLC
$2,795,000
12333 33rd Ave NE, Seattle, WA 98125
- -Bed
- -Bath
- 10986SqFt
- -Bed
- -Bath
- 10986SqFt
- Property TypeCondo
- Year Built1967
- Price per Sqft$254
- On highrises131 Days
Property Details
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 Manors 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.
Property Features
Interior Features
- Wall to Wall Carpet
- Flooring: Vinyl, Wall to Wall Carpet
Property History
Neighborhood
Environmental Risk
- Presented by:
- Matt Johnston
- state license#135732
- Brokered by:
- Northmarq Commercial, LLC