Bought with Paragon Real Estate Advisors
$5,300,000
$5,250,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
4731 12th AVE NE Seattle, 98105
14,251 SqFt
Key Details
Sold Price $5,300,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,251 sqft
Price per Sqft $371
Subdivision University District
MLS Listing ID 1693817
Style 56 - 10+ Units
Year Built 1961
Annual Tax Amount $50,000
Lot Size 7,500 Sqft
Property Description
The building offers an investor the opportunity to own a very well-located asset in one of the strongest and most popular rental markets in the City. The opportunity provides for multiple attractive investment approaches. The existing property can be used as traditional apartments, furnished apartments, or continue to be operated as a boutique motel or combination of the two. In addition, sitting on a 7,500 SF lot zoned SMU-75-240 (M1) provides for future redevelopment.
Location
County King
Area 710 - North Seattle
Interior
Flooring Vinyl, Carpet
Exterior
Exterior Feature Cement/Concrete, Wood
Utilities Available Sewer Connected, Electric
Waterfront No
View Y/N No
Roof Type Torch Down
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
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.