10202 1ST Avenue NW Seattle WA 98177 MLS #NWM2370636

Listing Provided Courtesy of Raven Commercial Real Estate
This is a well maintained 4plex in a great location. Property has a new roof & paint in 2019. The seller completed a pre-sale property inspection and addressed the maintenance punch list. Long term tenants enjoy below market rents, strong upside in market rents. 3 town-style apartments were built in 2000, All 3 bedrooms,2 baths, all equipped with washer dryer, dishwashers and disposers. The original attached SFR has 3 bedrooms and 1 bath. The lot is fenced on three sides has one garage and uncovered parking for three vehicles at the back. Investor upside with rent increases to market and additional development. Seller Financing available, Terms: Seller Note $725K 36 months 5.75% interest only, balance in cash. no loan subordinations

Property Details

Price:
$1,525,000
MLS #:
NWM2370636
Status:
Active
Beds:
0
Baths:
0
Address:
10202 1ST Avenue NW
Type:
Multi Family
Subdivision:
Olympic Hills
Neighborhood:
710 – North Seattle
City:
Seattle
Listed Date:
May 8, 2025
State:
WA
Finished Sq Ft:
5,530
Total Sq Ft:
5,530
ZIP:
98177
Lot Size:
6,032 sqft / 0.14 acres (approx)
Year Built:
1949
Units:
4

Schools

School District:
Seattle

Interior

Cooling
None
Heating
Baseboard

Exterior

Construction Materials
Wood
Exterior Features
Wood Products
Parking Spots
4
Roof
Composition

Financial

Net Operating Income
$68,103
Tax Year
2024
Taxes
$12,682

Map

Contact Us

Send
  

Mortgage Calculator

 

Similar Listings Nearby

10202 1ST Avenue NW
Seattle, WA