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$2,700,000

  • Sold
  • Closed
  • Multi-Family

Listed by Matt Johnston | Northmarq Commercial, LLC | (425) 530-8576 and Steve Fischer | Northmarq Commercial, LLC | (425) 530-8576
Sold by Rolan Eleazar | Windermere Real Estate Central

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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.

Full Property Details for 12333 33rd Ave NE

General

  • Sold For: $2,700,000
  • Taxes: $23,288 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2190425
  • Added to Site: 737 day(s) ago

Interior

  • Interior Features: Wall to Wall Carpet
  • Flooring: Vinyl, Carpet

Additional Information

  • Amenities: Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
  • Security/Safety: FullyFenced

Parking

  • Uncovered Spaces: 6

Location

  • Area: 710 - North Seattle
  • County: King
  • Subdivision: Lake City
  • Building Name: Maria Manor
  • Driving Directions: East onto 125th off Lake City Way, Right onto 33rd Ave NE, on the right hand side

School Information

  • High School District: Seattle

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Forced Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Cement Planked, Wood
  • Roof: Flat
  • Stories in Building: 3
  • Square Feet: 10,986
  • Aprox. Leasable: 10,986 Sq. Ft.
  • Year Built: 1967

Unit Information

  • Units in Building: 11

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,018
  • Lot Size Source: County
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $23,288
  • Tax Year: 2023
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 8822900415

Listed by Matt Johnston | Northmarq Commercial, LLC | (425) 530-8576 and Steve Fischer | Northmarq Commercial, LLC | (425) 530-8576
Sold by Rolan Eleazar | Windermere Real Estate Central

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 12333 33rd Ave NE

School District:Seattle School District
NameGradesDistance
John Rogers Elementary School
4030 Northeast 109th Street, Seattle, WA 98125
K-50.9 mi
Jane Addams Middle School
11051 34th Avenue Northeast, Seattle, WA 98125
6-80.6 mi
Nathan Hale High School
10750 30th Avenue Northeast, Seattle, WA 98125
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12333 33rd Ave NE

Date
Details
Price
Change
Source
5/24/2024
Sold
$2,700,000
-3.4%
MLS
1/10/2024
Listed
$2,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Matt Johnston | Northmarq Commercial, LLC | (425) 530-8576 and Steve Fischer | Northmarq Commercial, LLC | (425) 530-8576
Sold by Rolan Eleazar | Windermere Real Estate Central

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12333 33rd Avenue NE, Seattle, WA 98125 (MLS# 2190425) is a Multi-Family property that was sold at $2,700,000 on May 24, 2024. Want to learn more about 12333 33rd Avenue NE? Do you have questions about finding other Multi-Family real estate for sale in Cedar Park? You can browse all Cedar Park real estate or contact a Coldwell Banker agent to request more information.