10616 Roosevelt Way NE, Seattle, WA 98125

$800,000
5
BD
2
BA
1,920
SqFt

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Listing courtesy of TS Property Management.

List Price
$800,000
Status
ACTIVE
MLS#
2563703
Days on Market
28
Bedrooms
5
Finished SqFt
1,920
Area Total SqFt
1920
Annual Tax Ammount
8384.98
Lot Size (sq ft)
6,060
Fireplace
Yes
Sewer
Sewer Connected

Property Description

Significant Seller Credit Offered! Investment opportunity in Seattle’s Maple Leaf/Northgate area, positioned near one of the city’s key areas for continued growth and redevelopment under the One Seattle Plan. Owners are now offering each property separately, giving buyers the flexibility to purchase individually or explore acquiring both properties as an assemblage. 10616 Roosevelt Way NE is currently tenant-occupied and generating rental income, providing investors with immediate income while holding the property and evaluating future redevelopment opportunities. Conveniently located near the Northgate Light Rail Station, I-5, Downtown Seattle, and the University of Washington. The surrounding Northgate area continues to evolve with new housing, businesses, and investment while maintaining access to established neighborhood amenities. Nearby destinations include Kraken Community Iceplex, shopping, restaurants, parks, and the new Trader Joe’s currently under construction just blocks away. An attractive opportunity to generate rental income today while positioning for potential long-term redevelopment in a well-connected Seattle neighborhood. Seller is offering a significant buyer credit, providing additional value and flexibility for the purchase.

Additional Information

Community
Maple Leaf
Style
14 - Split Entry
Year Built
1978
Roof
Composition
Tax Year
2026
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Potential Terms
Cash, Conventional, VA Loan
Interior Features
Fireplace
Flooring
Laminate
Driving Directions
See GPS.
Appliance
Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Refrigerator(s), Stove(s)/Range(s), Washer(s)
Energy Source
Electric, Natural Gas
Based on information submitted to the MLS GRID as of . 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.
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