Seattle, WA 98115,8309 5th AVE NE
Seattle, WA 98115,8309 5th AVE NE
Seattle, WA 98115,8309 5th AVE NE
Seattle, WA 98115,8309 5th AVE NE
Seattle, WA 98115,8309 5th AVE NE
Seattle, WA 98115,8309 5th AVE NE
See all 27 photos
Listed by Westlake Associates, Inc.
Bought with ZNonMember-Office-MLS

$4,000,000

$4,000,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

13,700 SqFt


SOLD DATE : 11/26/2024

Key Details

Sold Price $4,000,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 13,700 sqft

Price per Sqft $291

Subdivision Northgate

MLS Listing ID 2286745

Sold Date 11/26/24

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 false

Exterior

Exterior Feature Brick, Cement/Concrete, Wood Products

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

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Northwest MLS (NWMLS)
agent-avatar

+1(360) 789-4979

kennon@maurerhomegroup.com

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

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.