8309 5th Avenue NE
Seattle, WA 98115
13700 sqft | 0.26 acres | #2286745
Description
5th Ave Manor presents an exceptional opportunity for investors seeking ownership of a desirable building in a highly sought-after residential locale, characterized by a scarcity of rental accommodations. With its strategic location and potential for value-add enhancement through modest kitchen, flooring, and appliance upgrades, 5th Avenue Manor promises lucrative returns. Following these enhancements, a new owner can anticipate achieving a stabilized Market CAP of 6.01%. Nestled nearby the scenic Green Lake Park, renowned for its myriad recreational pursuits, this coveted address offers seamless access to the University of Washington, the bustling South Lake Union Tech Core, and the vibrant Northgate shopping and entertainment hub.
Interior Details
- InteriorLaminate Hardwood, Wall to Wall Carpet
Property Details
- Exterior MaterialsBrick, Cement/Concrete, Wood Products
- Stories3
Measurements
- Acres0.2562
- Square Feet13700
Construction Details
- Style56 - 10+ Units
- Property TypeMulti-Family
Condition
- Year Built1969
Material information
- FoundationPoured Concrete
Utilities / Energy Details
- Sewer InformationSewer Connected
Community and Neighborhood Details
- SubdivisionNorthgate
Location
- School DistrictSeattle
- CountyKing
Financial Details
- Original List Price$4,000,000
- Taxes Annual$39,678
- Days on Market (Cumulative)53
Other
- MLS #2286745
Legal
Disclaimer: The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - 21 - WA and should be verified by the buyer.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: David W Petersen (#NWM58692)
Listing Office: Westlake Associates, Inc. (#NWM7019)
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.
