Madison Avenue Realty, LLC

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Homes, Houses, Properties, Seattle | Page 1

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  • 11,900,000.00
    City:
    Seattle
    Zip Code:
    98103
    Lot size:
    60366 Squa...60366 Square Feet

    The Blanchet Townhomes are situated just two blocks from North Seattle College and offer a new owner the opportunity to renovate and add value. The complex offers large 1,450 SF two-story townhouses. Nine triplexes on nine separate tax parcels make up the 27 three and four bedroom units. This is a nice property that is well maintained. Approximately 12 of the units have been upgraded with hard surface flooring.

    Listing Courtesy: NWMLS.

  • 10,500,000.00
    City:
    Seattle
    Zip Code:
    98122
    Lot size:
    7666 Squar...7666 Square Feet

    The Montage Condominiums located in one of Seattle’s most desirable neighborhoods, the bustling Pike/Pine corridor in Capitol Hill. Own 23 legal condominiums currently operated as an apartment building. Increasing rents just $100 per unit, implementing market rate charges for parking income & recapturing utility expenses generates a market cap rate of roughly 4.57%. Total est. market value of these sellable units are about 28% higher than the current offering price. 1:1 parking & storage ratio.

    Listing Courtesy: NWMLS.

  • 9,250,000.00
    City:
    Seattle
    Zip Code:
    98102
    Lot size:
    10947 Squa...10947 Square Feet

    Location Location! Location! 1920’s wood framed classic brick building located in an A+ in-city neighborhood. Building offers secured access entry, common laundry and spacious floor plans with a mix of studio and 1BD units. Units offer attractive hardwood flooring and abundant natural light. Walking distance to everything! Great opportunity to add value through updates and raising below market rents.

    Listing Courtesy: NWMLS.

  • 8,450,000.00
    City:
    Seattle
    Zip Code:
    98136
    Lot size:
    14996 Squa...14996 Square Feet

    Cumberland House is within walking distance of the Junction, well connected to Downtown via RapidRide, surrounded by transit/dining/shopping. 1989 construction with amenities that are comparable to new construction (modern systems, elevator, secured parking, sprinklers) but at a much lower price. Property is held as a condo complex, wholly owned, which provides an alternative & potentially more lucrative exit strategy. Cumberland House is a unique opportunity in a prime location.

    Listing Courtesy: NWMLS.

  • 6,450,000.00
    City:
    Seattle
    Zip Code:
    98102
    Lot size:
    7680 Squar...7680 Square Feet

    This is a classic 1929 brick building in an excellent North Capitol Hill location. Building offers 20 well maintained units with renovation potential as units have not recently been updated. There is a clear value add opportunity if someone wanted to update the units to today's standards. The building offers garage parking with space for 6, a common laundry area and an updated electrical system.

    Listing Courtesy: NWMLS.

  • 6,250,000.00
    City:
    Seattle
    Zip Code:
    98133
    Lot size:
    16211 Squa...16211 Square Feet

    Northgate 20-unit apartment building with a wide array of potential value-add opportunities such as immediately raising the well below market rents, increasing the number of apartments within the existing structure, renovating the eight remaining non updated units or reconfiguring existing floor plans to add additional bedrooms. Building offers secured access entry, territorial and mountain views, and plenty of on-site parking. First time on the market in over 30 years!

    Listing Courtesy: NWMLS.

  • 5,750,000.00
    City:
    Seattle
    Zip Code:
    98105
    Lot size:
    4582 Squar...4582 Square Feet

    Rare find, street to street property. 22 mix of studio units building in desirable block in University District. Excellent condition. Just steps from UW campus. Each unit has its own private bathroom and fridge. Each floor has large shared kitchen (3). Each unit has its own electrical meter updated in 2015. Updates include New roof, carpet in halls, countertops, and tile in kitchen. Newer carpet in units, refrigerators , interior paint, stoves. Pro forma income should be around $20k/month.

    Listing Courtesy: NWMLS.

  • 5,299,999.00
    City:
    Seattle
    Zip Code:
    98122
    Lot size:
    5250 Squar...5250 Square Feet

    Pike Place Manor is an exclusive development opportunity on Capital Hill just steps from Downtown Seattle in the center of the Pike/Pine corridor. This fully entitled, permit ready, 53 unit, 7 story, mixed use apartment site designed by Caron Architects consists of 48 Studio apartments, 5 Live/Work apartments with patio access, & over 700SF of ground floor retail space. Rooftop amenities with incredible view of Lake Union, Downtown Seattle, and the Puget Sound. Walkscore-99 Transitscore-100.

    Listing Courtesy: NWMLS.

  • 4,950,000.00
    City:
    Seattle
    Zip Code:
    98122
    Lot size:
    9600 Squar...9600 Square Feet

    12 unit, three story apartment building located in the highly desirable Capitol Hill neighborhood. All large corner units averaging 855 SF with a private patio or balcony. Building offers secured access entry, a common laundry room and storage space. The Hollywood Apartments offers an investor the opportunity to own a very well-maintained trophy asset in an unbeatable location with immediate rental upside.

    Listing Courtesy: NWMLS.

  • 4,700,000.00
    City:
    Seattle
    Zip Code:
    98109
    Lot size:
    8832 Squar...8832 Square Feet

    2 blocks from Seattle Center in Lower Queen Anne and for sale for the 1st time in 44 yrs. Attractive midcentury exterior, Downtown/Space Needle views, spacious units, 13 off-street parking spaces (4 covered). Walk score of 94: Near dining/shopping in Queen Anne, close to employers in SLU and Downtown. Current income generated is low compared to the market, and the building's amenities and location, when combined with cosmetic updates, should allow for a substantially increased cash flow.

    Listing Courtesy: NWMLS.

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