550 Madison Ave N, Bainbridge Island, 98110

Multi Family - 56 - 6-9 Units For Sale in Bainbridge Island

$1,200,000

Beds
Baths
9,464Sqft
.72Acres
1972Built
11DOM
MLS® #: 1466127
Pending, 11 Days on Market

13 UNIT APARTMENT COMPLEX (10 - 1 BEDROOM UNITS & 3 - 2 BEDROOM UNITS) IN THE HEART OF BAINBRIDGE ISLAND - RENTS ARE BELOW MARKET DUE TO GRANTS/SUBSIDIES, WHICH EXPIRE IN JULY AND WILL THEN ALLOW THE NEW OWNER TO INCREASE RENTS TO CURRENT MARKET - IDEAL FOR A CONTRACTOR WHO WANTS TO BUILD A HUGE AMOUNT OF SWEAT EQUITY - PAVED, OFF-STREET PARKING - VERY CLOSE TO DOWNTOWN BAINBRIDGE ISLAND AND ALL STORES, SHOPS & SEATTLE FERRY.

Listing Office: John L. Scott, Inc..

Essential Information

MLS® #: 1466127
Price: $1,200,000
Bathrooms: 0.00
Square Footage: 9,464
Acres: 0.72
Year Built: 1972
Type: Multi Family
Sub-Type: 56 - 6-9 Units
Status: Pending

Financials

$/SqFt: $127

Community Information

Address: 550 Madison Ave N
Area: Bainbridge Islan
Subdivision: Bainbridge Island
City: Bainbridge Island
County: Kitsap
State: WA
Zip Code: 98110

Interior

Heating: Baseboard

Exterior

Exterior: Wood
Lot Description: Curbs, Paved Street
Roof: Composition
Foundation: Slab

School Information

District: Bainbridge Island
Elementary: Buyer To Verify
Middle: Buyer To Verify
High: Bainbridge Isl

Additional Information

Days on Market: 11
Cumulative Days on Market: 11
Zoning: Residential

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Listing information last updated on August 21st, 2019 at 11:53pm CDT.