Sold

Listed by: Northmarq Commercial, LLC • Matt Johnston

Bought with: Windermere Real Estate Central

$2,700,000

12333 33rd Avenue NE, Seattle, WA 98125

--beds

--baths

10,986sqft

Multi Family

Built in 1967

-- sqft lot

$2,829,900 Zestimate^®

$246/sqft

$2,453 Estimated rent

Home value

$2,829,900

$2.43M - $3.25M

$2,453/mo

Zestimate^® history

Owner options

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$2,453/mo

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$2,453/mo

Rent Zestimate^®

Refinance and save

$16,565/mo

Est. payment

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$16,565/mo

Est. payment

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What's special

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.

Facts & features

Interior

Heating

Forced Air, Electric

Cooling

Forced Air

Features

Flooring: Vinyl, Carpet
Has fireplace: No

Interior area

Total structure area: 10,986
Total interior livable area: 10,986 sqft

Property

Parking

Total spaces: 6
Parking features: Open
Uncovered spaces: 6

Features

Patio & porch: Wall to Wall Carpet

Lot

Size: 10,018 Square Feet
Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio

Details

Parcel number: 8822900415
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: 10+ Units
Property subtype: Multi Family

Materials

Cement Planked, Wood Siding
Roof: Flat

Condition

Year built: 1967

Utilities & green energy

Sewer: Sewer Connected
Water: Public

Community & HOA

Community

Subdivision: Lake City

Location

Region: Seattle

Financial & listing details

Price per square foot: $246/sqft
Annual tax amount: $23,288
Date on market: 1/1/2024
Cumulative days on market: 933 days
Listing terms: Conventional

Price history

Date	Event	Price
5/24/2024	Sold	$2,700,000-3.4%$246/sqft
Source: NWMLS as distributed by MLS GRID #2190425 Report a problem
4/1/2024	Pending sale	$2,795,000$254/sqft
Source: NWMLS as distributed by MLS GRID #2190425 Report a problem
3/19/2024	Listed for sale	$2,795,000$254/sqft
Source: NWMLS as distributed by MLS GRID #2190425 Report a problem
2/23/2024	Pending sale	$2,795,000$254/sqft
Source: NWMLS as distributed by MLS GRID #2190425 Report a problem
1/10/2024	Listed for sale	$2,795,000+30.9%$254/sqft
Source: NWMLS as distributed by MLS GRID #2190425 Report a problem
11/30/2020	Sold	$2,135,000+12.4%$194/sqft
Source: NWMLS as distributed by MLS GRID #1659043 Report a problem
10/2/2020	Pending sale	$1,900,000$173/sqft
Source: Windermere Real Estate/Shoreline #1659043 Report a problem
9/23/2020	Listed for sale	$1,900,000$173/sqft
Source: Windermere Real Estate/Shoreline #1659043 Report a problem