8309 5th Avenue NE Seattle, WA 98115
8309 5th Avenue NE
Seattle, WA 98115
$4,600,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
5th Ave Manor presents an exceptional opportunity for investors seeking ownership of a prestigious 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 5.60%. Nestled adjacent to 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.
Property Features
Community: Green Lake
10+ Units
Exterior: Brick
Exterior: Cement/Concrete
Exterior: Wood Products
Roof: Flat
Year Built: 1969
2024 Taxes: $39678.00
Listing #: 2221698
Lot Details
Lot Size: 0.26 acres
No. of Units: 16
Interior
Cooling: None
Heating: Baseboard
Electric
Common Features
Coin Op Laundry
Elevator
Storage
Call or Email:
Grace Wamwere
What's Near 8309 5th Avenue NE Seattle, WA 98115?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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