10551 N Midvale Ave
Seattle, WA 98133
4750 sqft | 0.01 acres | #2307921
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.
Property Details
- InteriorWall to Wall Carpet
- Date ListedNovember 07, 2024
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Style55 - 5-9 Units
- Exterior MaterialsWood Products
- Exterior FeaturesFenced-Fully
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- Original List Price$1,290,000
- SubdivisionNorthgate
- School DistrictSeattle
- Taxes Annual$13,100
- MLS #2307921
- Cost1290000
- MLS #2307921
- Acres0.0112
- Utility SourcePublic
- Square Feet4750
- Year Built1986
- CountyKing
- Property ConditionGood
- Days on Market (Cumulative)40
- Stories2
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-13 20:22:49. 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.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Armie Iglesias (#NWM81935)
Listing Office: CENTURY 21 North Homes Realty (#NWM3100)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.