MLS® ID: 1466127

550 Madison Ave N

Bainbridge Island, Washington, 98110

$1,200,000 Pending
  • 9464 SQFT
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.
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Overlay Logo Listing courtesy of John L. Scott, Inc.

Amenities

  • Zip
    98110
  • Office name
    John L. Scott, Inc.
  • SQFT
    9464
  • Bedrooms
    0
  • Full baths
    0
  • Half baths
    0
  • Property type
    Multi-Family
  • School district
    BIS
  • Elementary school
    Buyer To Verify
  • Junior high
    Buyer To Verify
  • High school
    Bainbridge Isl
  • Year built
    1972
  • Lot size
    31363
  • Sewer
    Sewer Connected
  • Heating
    Baseboard
  • Tax year
    2019
  • Agent name
    Merv Killoran
  • Tax amount
    $ 0.0
  • Purchase Type
    Pending
  • HOA fees
    $ 0
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    7000+ sq ft.
  • Total Baths
    0
  • Year Built Range
    1989 (and earlier)
  • Office ID
    9926
  • Agent ID
    9870

Location

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