4253 7th Avenue NE
Seattle, WA 98105
$8,140,000
- Est. $48,571/mo
- Calculate
- 20,587 Sq. Ft.
- 1985 Year Built
- 0.3 Acres
Property Highlights
- Neighborhood:
- University District
- Light Rail Distance:
- 1.03 mi (University of Washington Station)
- Acreage:
- 0.3 acres
Listing Courtesy of Northwest MLS / Kidder Mathews and Kidder Mathews
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Property Description
Maplewood offers a 24-unit value-add apartment building located in the highly sought-after University District of Seattle.Offered for sale at $8.9 million, this property is on the market for the first time and presents a unique chance to acquire a legacy asset that has been meticulously maintained by the same family since 1985.Maplewood features large units in exceptional condition, providing ample potential for value-add renovations.After light renovations, rental rates can increase by 20% or more, making this property an attractive prospect for savvy investors. Located steps away from the prestigious University of Washington-ranked #2 in the U.S.Maplewood is just minutes away from an abundance amenities, and a regional light rail station.
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Property Details
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- MLS ID:
- 2236772
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- Area:
- North Seattle
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- Community:
- University District
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- County:
- King County
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- Flooring:
- Laminate, Carpet
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- Lot Size:
- 13025
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- Lot Size Sq. Ft.:
- 13,025
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- Lot Style:
- Curbs, Sidewalk
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- Property Subtype:
- Multi-Family
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- Property Type:
- Residential Income
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- Status:
- Sold
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- Year Built:
- 1985
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Additional Highlights
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- Exterior:
- Brick, Stucco
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- Parking:
- 27
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- Roofing:
- Flat
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- Total Number of Units:
- 5
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- Water Source:
- Public
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Amenities
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- Site Features:
- Gated Entry
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Taxes and Fees
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- Taxes (Est):
- $77,262
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- Taxes (Year):
- 2024
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4253 7th Avenue NE, Seattle Washington, 98105 United StatesDisclaimer: The information contained in this listing has not been verified by Realogics Sotheby's International Realty and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by Realogics Sotheby's International Realty and should be verified by the buyer.