10202 1st Avenue NW Seattle, WA 98177
Listing Courtesy of: MLS LogoNorthwest MLS / Raven Commercial Real Estate

  10202 1st Avenue NW Seattle, WA 98177

Active (1 Days)
$1,525,000

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

MLS #:
2370636
Taxes
$12,682(2024)
Lot Size
6,032 SQFT
Type
Multifamily
Year Built
1949
Style
4-Plex
School District
Seattle
County
King County
Community
Olympic Hills

Listed By

Jason D. Wilcox, Raven Commercial Real Estate
Source
Northwest MLS as distributed by MLS Grid
Last checked May 9 2025 at 10:43 AM GMT+0000
Bathroom Details
Subdivision
  • Olympic Hills
Property Features
  • Fireplace: 0
  • Foundation: Poured Concrete
  • Foundation: Slab
Heating and Cooling
  • Baseboard
Exterior Features
  • Wood Products
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Additional Listing Info
  • Buyer Brokerage Compensation: 2.25%
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
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Estimated Monthly Mortgage Payment

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Disclaimer: Based on information submitted to the MLS GRID as of 5/9/25 03:43. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.