10551 N Midvale Ave
Seattle, Washington 98133, United States

MLS#: 2307921

$1,290,000 USD

Home/Lot size
441m² (4,750ft²)
The details

Property features

Date Updated: Nov 21, 2024

Construction details

Year built
1986
Roofing
composition/shingle

Area

Property size
441m² (4,750ft²)
Land/Lot size
40m² (0.01ac)

Description

Seize this chance to own a 5-unit complex in Seattle's thriving Northgate neighborhood, offering strong cash flow and growth potential. Featuring four spacious 2-bedrooms/1-bath units and one 1-bedroom/1-bath unit, (total of 5 units) this asset has below-market rents, allowing for significant revenue growth. Interiors were updated in 2019 with waterproof vinyl plank flooring, new countertops and appliances, and a new roof was installed in 2019. Tenant amenities include 10 parking spaces, cover parking garage, and a coin-op laundry inside the premises. Walking distance to transit, minutes from I-5, HWY 99, and restaurants. This property is ideal for investors looking to capitalize on Seattle's rental market with strong, steady returns.

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Location

10551 N Midvale Ave, Seattle, Washington 98133, United States
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