12030 32nd AVE NE #1-6, Seattle, WA 98125
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12030 32nd AVE NE #1-6, Seattle, WA 98125
12030 32nd AVE NE #1-6, Seattle, WA 98125
12030 32nd AVE NE #1-6, Seattle, WA 98125
12030 32nd AVE NE #1-6, Seattle, WA 98125
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Nathan Allan

Nathan Allan

+1(360) 499-2123
Listed by:Kidder Mathews • Dan Swanson
$ 1,280,000
Est. payment /mo
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Pending

12030 32nd AVE NE #1-6 Seattle, WA 98125

7 Beds

6 Baths

5,334 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,334 sqft

Price per Sqft $239

Subdivision Lake City

MLS Listing ID 2486762

Style 55 - 5-9 Units

Bedrooms 7

Year Built 1959

Annual Tax Amount $12,126

Lot Size 6,600 Sqft

Property Sub-Type Multi Family

Property Description

A meticulously maintained, value-add asset in a highly convenient Lake City/North Seattle location. Built in 1959, it combines strong in-place performance with significant upside potential in one of North Seattle's most connected neighborhoods. With a “Very Walkable” walk score of 88, residents are within easy reach of neighborhood restaurants, cafés, & shops. Close proximity to the Burke-Gilman Trail & Lake Washington and 6 bus routes within a 10-minute walk. Downtown and major employment centers are just minutes away. Orca Apartments consists of 5 one-beds and 1 two-bed. Units are notably oversized, averaging approx. 770 SF, and feature large living areas, generously sized closets, and dedicated dining spaces. Amenities include expansive decks, secured entry, some dishwashers, on-site laundry, & resident storage rooms. Units have been updated upon turnover, and one unit is fully renovated. The property has been extraordinarily well maintained, with recent improvements including a new roof, updated plumbing, modernized electrical panels, and dual-pane vinyl windows. There are 6 dedicated off-alley parking spaces in addition to convenient street parking directly in front of the building. Low historical turnover and likely ability to increase income by approx. 15% by adjusting rents to market and implementing a utility bill-back system. Orca Apartments offers investors durable cash flow today with clear, measurable value-add potential in a sought-after North Seattle location

Location

State WA

County King

Area 710 - North Seattle

Interior

Fireplace false

Exterior

Exterior Feature Brick

Amenities Available Fenced-Partially

View Y/N No

Roof Type Flat

Building

Lot Description Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools John Hay Elementary

Middle Schools Jane Addams

High Schools Nathan Hale High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Nathan Allan

Nathan Allan

Advisor | License ID: 23002463

+1(360) 499-2123

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12030 32nd AVE NE #1-6