WA > Seattle > Northgate
Seattle, WA 98115,8309 5th AVE NE
Seattle, WA 98115,8309 5th AVE NE
Seattle, WA 98115,8309 5th AVE NE
27
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Listed by Westlake Associates, Inc.
$4,000,000
Est. payment /mo
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13,700 SqFt
Pending

8309 5th AVE NE Seattle, WA 98115

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Whitney Johnson

Whitney Johnson

+1(509) 240-6438

UPDATED:

09/11/2024 03:24 AM

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

Interior Features Laminate Hardwood, Wall to Wall Carpet

Flooring Laminate, Vinyl, Carpet

Fireplace Yes

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

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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