4253 7th Avenue NE Seattle, WA 98105
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.
- Property TypeMulti-Family
- NeighborhoodUniversity District
- CountyKing
- Taxes$77,262
- HOA/Condo/Coop Fees$0
- Days on Site10 Days
- MLS StatusActive
- MLS ID Number2236772
- Home Size Source KCPV
- Year Built1985
- Lot Size0.299 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 27
- Number of Stories 4
- Acreage 0.299
- Water Public
- Security Security Gate
- Property Sub Type Multi Family
- Sewer Sewer Connected
- Lot Features CurbsSidewalk
- Parking Total 27
Interior Features
- Cooling None
- Heating Baseboard
- Flooring LaminateCarpet
- Interior Wall to Wall CarpetLaminate Tile
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Flat
- Waterfront Property No
- Exterior BrickStucco
- Lot CurbsSidewalk
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 710 - North Seattle
- Security Features Security Gate