8309 5th AVE NE Pending Save Request In-Person Tour Request Virtual Tour
Seattle,WA 98115
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 13,700 sqft
Price per Sqft $291
Subdivision Northgate
MLS Listing ID 2286745
Style 56 - 10+ Units
Year Built 1969
Annual Tax Amount $39,678
Lot Size 0.256 Acres
Property 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.
Location
State WA
County King
Area 710 - North Seattle
Interior
Flooring Laminate,Vinyl,Carpet
Exterior
Exterior Feature Brick,Cement/Concrete,Wood Products
Waterfront No
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional