Seattle, WA 98125,11515 26th AVE NE
Listed by Paragon Real Estate Advisors
Bought with Paragon Real Estate Advisors

$3,250,000

Est. payment /mo

$3,300,000

1.5%
Est.Price: ?

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11515 26th AVE NE Seattle, WA 98125

12,110 SqFt

SOLD DATE : 05/02/2022

Key Details

Sold Price $3,250,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 12,110 sqft

Price per Sqft $268

Subdivision Seattle

MLS Listing ID 1850773

Sold Date 05/02/22

Style 56 - 10+ Units

Year Built 1968

Annual Tax Amount $30,087

Lot Size 0.257 Acres

Property Sub-Type Multi-Family

Property Description

The Melinda Arms is a 15 unit apartment building built in 1968. Located in the Lake City neighborhood of North Seattle, the building is a mere 1.4 miles to the recently opened Northgate Light Rail Station and 2.3 Miles to the University of Washington. The building has a 1:1 parking ratio and is steps from the King County Rapid Ride Transit Line. The property has all electric heat and appliances as well as a common laundry facility for tenant convenience. The building interiors are mainly original and presents a great value add play for a prospective investor.

Location

State WA

County King

Area 710 - North Seattle

Interior

Fireplace false

Exterior

Exterior Feature Stucco

Utilities Available Sewer Connected, Electric

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA

Listing Terms Cash Out, Conventional, FHA

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Northwest MLS (NWMLS)
agent

Julie Hodges

Designated Broker | Real Estate Advisor | License ID: 25283

+1(425) 220-0617

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