$1,525,000
Active

10202 1ST AVENUE NW

Seattle, WA 98177
5530 sqft | 0.14 acres | #2370636
Listing OfficeRaven Commercial Real Estate
Browse 15 photos

Description

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
      • FoundationPoured Concrete, Slab
      • Sewer InformationSewer Connected
      • Exterior MaterialsWood Products
      • SubdivisionOlympic Hills
      • Property SubtypeMulti Family
      • Date ListedMay 08, 2025
      • Style54 - 4-Plex
      • Original List Price$1,525,000
      • Structure TypeQuadruplex
      • School DistrictSeattle
      • Taxes Annual$12,682
      • MLS #2370636
      • Cost1525000
      • MLS #2370636
      • Acres0.1385
      • Square Feet5530
      • Year Built1949
      • CountyKing
      • Property ConditionGood
      • Days on Market (Cumulative)10
      • Stories3

Location

Andrew KnutzenReal Estate Group
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