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Dashboard

550 Madison Ave N, Bainbridge Island, WA – $1,200,000

  • $1.2M Price
  • 9,464 Sqft
  • .72 Acres
  • 11 DOM
  • $1.2M Price
  • 9,464 Sqft
  • .72 Acres
  • 11 DOM

550 Madison Ave N

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.

Essential Information

  • Listing OfficeJohn L. Scott, Inc.
  • MLS® #1466127
  • Price$1,200,000
  • Bathrooms0.00
  • Square Footage9,464
  • Acres0.72
  • Year Built1972
  • TypeMulti Family
  • Sub-Type56 - 6-9 Units
  • StatusPending

Community Information

  • Address550 Madison Ave N
  • AreaBainbridge Islan
  • SubdivisionBainbridge Island
  • CityBainbridge Island
  • CountyKitsap
  • StateWA
  • Zip Code98110

Interior

  • HeatingBaseboard

Exterior

  • ExteriorWood
  • Lot DescriptionCurbs, Paved Street
  • RoofComposition
  • FoundationSlab

School Information

  • DistrictBainbridge Island
  • ElementaryBuyer To Verify
  • MiddleBuyer To Verify
  • HighBainbridge Isl

Additional Information

  • Days on Market11
  • Cumulative Days on Market11
  • ZoningResidential
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Listing information last updated on August 21st, 2019 at 6:07am CDT.