5101 Ravenna Avenue NE
Seattle, WA 98105
4800 sqft | 0.01 acres | #2270760
Description
Ravenna Terrace, a 7-unit building ideally situated near work, school & play, Ravenna Terrace features an attractive mix of 6 2-bed & 1 1-bed units. These mid-century floorplans average in size of 686sf & have received updates to cabinetry, counters & appliances on turns. Ownership has replaced all the windows with double pane units & the roof has received a recoat in last 2 yrs. With nearby economic drivers including Seattle Children's, U-Village and UW Hospital as well as UW. Investors will benefit from a diverse tenant pool. A well cared for asset, Ravenna Terrace presents an attractive opportunity to realize upside from current below market rents as well as additional lift through unit upgrades.
Interior Details
- InteriorFir/Softwood, Hardwood, Laminate
Property Details
- Lot DescriptionSidewalk
- Exterior MaterialsBrick
- ViewCity
- Stories2
Measurements
- Acres0.0115
- Square Feet4800
Construction Details
- Style55 - 5-9 Units
- Property TypeMulti-Family
Condition
- Year Built1956
Material information
- FoundationPoured Concrete
Utilities / Energy Details
- Sewer InformationSewer Connected
- Utility SourceCommunity
Community and Neighborhood Details
- SubdivisionRavenna
Location
- School DistrictSeattle
- CountyKing
Financial Details
- Original List Price$2,250,000
- Taxes Annual$15,982
- Days on Market (Cumulative)32
Other
- MLS #2270760
Legal
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Daniel Lim (#NWM115693)
Listing Office: Lee & Associates Commercial RE (#NWM6432)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.