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12333 33rd Ave NE

Seattle, WA 98125 View Map $2,795,000 Schedule a Tour
Sq.Ft.10,986
Year1967
Conor MacEvilly

Conor MacEvilly

(206) 349-8477

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Listing Office

Office:Northmarq Commercial, LLC

multi-family for sale at 12333 33rd Ave NE Seattle, WA 710 - North Seattle 98125, MLS#2190425


Status: Active
Property Type:Multi-Family
MLS® #:2190425
Sq. Feet:10,986
Lot Size:0.23 Acres
County:King
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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Detailed Maps

Community Information

Address:12333 33rd Ave NE, Seattle, WA 98125
Area:710 - North Seattle
County:King
City:Seattle
School District:Seattle
Subdivision:Lake City
Zip Code:98125
Plat or Condo Bldg.:Maria Manor

Architecture

Year Built:1967
Stories:3
Possible Use: Multi-Family
Building Style: 10+ Units
Roof: Flat

Features / Amenities

Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet
Exterior Features: Cement Planked, Wood
Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
Open Parking Spaces: 6
Parking Total: 6
Cooling: Forced Air
Heating: Forced Air

Property Features

Lot Size: 0.23 Acres
Sq.Ft. Size: 10986
Lot Sq.Ft. Size: 10018
Sewer: Sewer Connected
Water: Public
Directions:East onto 125th off Lake City Way, Right onto 33rd Ave NE, on the right hand side

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $23,288
Insurance Expense: $5,297
Net Income: $170,176
Listing Terms: Cash Out, Conventional
Total Monthly Income: $21,948
Net Operating Income: $170,176
Total Expenses: $81,152
Offers: Seller intends to review offers upon receipt
Possession: Closing

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12333 33rd Ave NE Seattle,  WA 98125
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12333 33rd Ave NE Seattle, WA 98125
 
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All listings featuring the icon Board of Realty Logo are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2024. All rights reserved. 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. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Keller Williams Realty Greater Seattle and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Listing information last updated on March 28, 2024 at 4:45 AM PST.
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