Seattle, WA 98105,5010 8th AVE NE
Seattle, WA 98105,5010 8th AVE NE
Seattle, WA 98105,5010 8th AVE NE
Seattle, WA 98105,5010 8th AVE NE
Seattle, WA 98105,5010 8th AVE NE
Seattle, WA 98105,5010 8th AVE NE
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Listed by COMPASS
Bought with Windermere Real Estate/East

$1,290,000

$1,299,950

0.8%
Est.Price: ?

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Est. payment /mo

8 Beds

2.25 Baths

2,910 SqFt


SOLD DATE : 05/31/2024

Key Details

Sold Price $1,290,000

Property Type Single Family Home

Sub Type Residential

Listing Status Sold

Purchase Type For Sale

Square Footage 2,910 sqft

Price per Sqft $443

Subdivision University District

MLS Listing ID 2232146

Sold Date 05/31/24

Style 18 - 2 Stories w/Bsmnt

Bedrooms 8

Full Baths 1

Half Baths 1

Year Built 1911

Annual Tax Amount $9,938

Lot Size 4,687 Sqft

Property Description

Looking for an ideal first (or next) turn key rental on a quiet street? This well-managed and maintained rental home is located near UW with easy I-5 and downtown access and it is ready for the next owner/operator. A long history of rental success means future success for you. Current rents are $7,400 with potential upside for fall ‘24. With current rents the CAP rate is 5.75% and could exceed 6% with an annual rent increase. There are 8 generous bedrooms - 3 up, 1 on the main, 4 downstairs - plus 2.5 bathrooms to easily accommodate groups. There are 3+ off-street parking spots in the back. The home sits on a 4,687 SF NR3 zoned lot so potential awaits a creative new owner. Many system & appliance updates have been done throughout the home.

Location

State WA

County King

Area 710 - North Seattle

Rooms

Basement Finished

Main Level Bedrooms 1

Interior

Interior Features Ceramic Tile, Hardwood, Wall to Wall Carpet, Skylight(s), Walk-In Closet(s), Fireplace, Water Heater

Flooring Ceramic Tile, Hardwood, Carpet

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace true

Appliance Dishwasher(s), Dryer(s), Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)

Exterior

Exterior Feature Brick, Wood

Amenities Available Deck

View Y/N No

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk

Story Two

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Green Lake

Middle Schools Hamilton Mid

High Schools Lincoln High

School District Seattle

Others

Senior Community No

Acceptable Financing Conventional, FHA, VA Loan

Listing Terms Conventional, FHA, VA Loan

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Northwest MLS (NWMLS)
agent-avatar

+1(360) 789-4979

kennon@maurerhomegroup.com

204 Custer Way, Tumwater, WA, 98501, United States

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