4253 7th Avenue Northeast
$8,140,000
—
20,587
20,587
$395
Sold 8/22/24
Listing provided courtesy of Kidder Mathews
Description
Maplewood offers a 24-unit value-add apartment building located in the highly sought-after University District of Seattle. Offered for sale at $8.9 million, this property is on the market for the first time and presents a unique chance to acquire a legacy asset that has been meticulously maintained by the same family since 1985. Maplewood features large units in exceptional condition, providing ample potential for value-add renovations. After light renovations, rental rates can increase by 20% or...Maplewood offers a 24-unit value-add apartment building located in the highly sought-after University District of Seattle. Offered for sale at $8.9 million, this property is on the market for the first time and presents a unique chance to acquire a legacy asset that has been meticulously maintained by the same family since 1985. Maplewood features large units in exceptional condition, providing ample potential for value-add renovations. After light renovations, rental rates can increase by 20% or more, making this property an attractive prospect for savvy investors. Located steps away from the prestigious University of Washington-ranked #2 in the U. S. Maplewood is just minutes away from an abundance amenities, and a regional light rail station.
- Listed by Max Frame • Kidder Mathews
Property Details for 4253 7th Avenue Northeast
Community Name
University District
School DistrictSeattle
Number of Assigned Spaces27
Total Covered Parking23
Offers Review Date05-30-2024
Entry Date05-13-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 09/05/2024 05:48 AM
Property Details for 4253 7th Avenue Northeast
Status | Sold |
---|---|
MLS # | 2236772 |
Days on Market | 39 |
Cumulative Days on Market | 39 |
Taxes | $77,262 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1985 |
Lot Size | 0.30 AC / 13,025 SF |
County | King County |
Building Information for 4253 7th Avenue Northeast
Stories4Residences5Year Built1985Building Size-Lot Size0.30 AC / 13,025 SF
Property Information for 4253 7th Avenue Northeast
Property History for 4253 7th Avenue Northeast
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4253 7th Avenue Northeast
Taxable ValueLand$4,168,000Additions$4,523,000Total$8,691,000
Tax Record2024$77,262 ($6,439 / month)
Home Facts
Total Finished SqFt19,704 SqFtAbove Ground SqFt19,704 SqFtStories4Lot Size13,025 SqFtStyleMulti-Family Res (5+ Units)Year Built1985Year Renovated2003ZoningMR (M1)CountyKINGAPN409230-0780
Schools near 4253 7th Avenue Northeast
This home is within Seattle Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Green Lake Elementary School PublicPK to 5 | ||
Hamilton International Middle School Public6 to 8 | ||
Lincoln High School Public9 to 12 | ||
John Stanford International Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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