12333 33rd Avenue NE Seattle, WA $ 2,795,000
12333 33rd Avenue NE
$ 2,795,000
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12333 33rd Avenue NE

Seattle, WA, 98125
$ 2,795,000
Baths0.0 Sq 10,986

Monthly Estimate*

$ 19,524

Listed by Northmarq Commercial, LLC
12333 33rd Avenue NE, Seattle, WA 98125 - Image 1
12333 33rd Avenue NE, Seattle, WA 98125 - Image 2
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12333 33rd Avenue NE, Seattle, WA 98125 - Image 4
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12333 33rd Avenue NE, Seattle, WA 98125 - Image 8
12333 33rd Avenue NE, Seattle, WA 98125 - Image 9
12333 33rd Avenue NE, Seattle, WA 98125 - Image 10
12333 33rd Avenue NE, Seattle, WA 98125 - Image 11
12333 33rd Avenue NE, Seattle, WA 98125 - Image 12
12333 33rd Avenue NE, Seattle, WA 98125 - Image 13
12333 33rd Avenue NE, Seattle, WA 98125 - Image 14
12333 33rd Avenue NE, Seattle, WA 98125 - Image 15
Studio

Multi-Family Home for sale in Seattle, WA

for $2,795,000. This 10,986 square foot home was built in 1967 on a lot size of 0.23.

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 Manor’s 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.

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Multi-Family Pending

Price

$ 2,795,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 23,288

Style

10+ Units

Lot Size

0.23

Year Built

1967

Town/City

Seattle

County/Region

King

MLS | Web ID

2190425

Features
General
Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Forced Air
Cooling Forced Air
Possession Closing
Roof Flat
Exterior Features Cement Planked Wood
HOA 0
Year Built 1967
Property SubType Multi-Family
Tax Year 2023
Building Name Maria Manor
County King
Net Operating Income 170176
Insurance Expense 5297
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Lake City
Possible Use Multi-Family
Special Listing Conditions None
Status Pending Inspection
Directions East onto 125th off Lake City Way Right onto 33rd Ave NE on the right hand side
City Seattle
Buyer Agent Compensation 2.0
View Y/N N
Senior Community Y/N N
High School District Seattle
Open Parking Spaces 6
Total Units 11
MLS Area 710 - North Seattle
Lot Size Square Feet 10018
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name 33rd
Listing Terms Cash Out Conventional
Tax Annual Amount 23288
Electric Expense 0
Fuel Expense 0
Public Remarks 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 inve
Leasable Area 10986
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Amenities Coin Op Laundry Storage
Units Below Grade true
Units In Building Total 11
Zoning Class Multi-Family
Water Sewer Garbage 21719
Property Style 56 - 10+ Units
Cap Rate 6.09
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Interior
Flooring Vinyl Carpet
Total Stories 3
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Living Area Units Square Feet
Power Production Type Electric
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Exterior
Water Source Public
Total Parking 6
Building Area Total 10986
Lot Size Acres 0.23
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially High Speed Internet Patio
Parking Uncovered Spaces 6
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Internal Only
OriginalMLSID NWM2190425
Street Number 1 12333
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* Excluded Features
List By
Matt Johnston

Listing Agent

Northmarq Commercial, Llc

Broker

Affordability Calculator

$21,465
Per Month
91%
9%
0%
Monthly Principal & Interest
$19,524
Monthly Property Taxes
$1,941
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257829 Elementary School
258279 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/10/2024$2,795,000 Listed Price

Map


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12333 33rd Avenue NE, Seattle, WA, 98125 is a Multi-Family Home for sale at $2,795,000 with 10,986 sqft and a lot size of 0.23. 12333 33rd Avenue NE is a studio with 0.0 baths and was built in 1967. The property's zip code is 98125 which is in Seattle, WA