Listing courtesy of TS Property Management.
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.
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