PROPERTIES FOR SALE

5010 8th Avenue NE Seattle, WA 98105

NWMLS Courtesy of COMPASS
5010 8th Avenue NE
Seattle, WA 98105
$1,299,950
Residential
8 Beds
2.25 Baths
2910 SqFt
Pending
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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.

Property Features

Community: University District
2 Stories w/Bsmnt
Deck
Bus Line Nearby: Yes
Exterior: Brick
Exterior: Wood
Roof: Composition
Parking: Off Street
Year Built: 1911
2023 Taxes: $9938.00
Listing #: 2232146

Lot Details

Lot Size: 0.11 acres
Curbs
Paved
Sidewalk

Appliances That Stay

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

Interior

Ceramic Tile
Fireplace
Hardwood
Skylight(s)
Walk-In Closet(s)
Wall to Wall Carpet
Water Heater
Cooling: None
Heating: Wall Unit(s), Forced Air
Electric
Natural Gas
Fireplaces: 1

Schools

District: Seattle
Elem: Green Lake
Middle: Hamilton Mid
High: Lincoln High
Call or Email:
Grace Wamwere

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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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