Bought with RE/MAX Alliance
$2,050,000
$2,100,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
5,543 SqFt
SOLD DATE : 11/20/2024
Key Details
Sold Price $2,050,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,543 sqft
Price per Sqft $369
Subdivision Ravenna
MLS Listing ID 2273313
Sold Date 11/20/24
Style 55 - 5-9 Units
Year Built 1976
Annual Tax Amount $18,814
Lot Size 6,288 Sqft
Lot Dimensions 67x110
Property Description
Ravenna Townhomes presents an exceptional investment opportunity in a prime Seattle location. This 5-unit building features spacious 3-bedroom, 1-bathroom units, each approximately 1,100 square feet, with dedicated covered parking. Ideally situated within walking distance to the University of Washington, University Village, UW Hospital, and Seattle Children's Hospital, the property appeals to a diverse tenant base. The townhomes offer significant value-add potential through strategic improvements as well as an immediate opportunity to increase rents to market rates. Do not disturb tenants.
Location
State WA
County King
Area 710 - North Seattle
Interior
Interior Features Hardwood, Wall to Wall Carpet
Flooring Hardwood, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Deck
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
Listing Terms Cash Out
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