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8309 5th Avenue NE

Seattle, WA 98115
  • $4,600,000
  • STATUS: Pending
  • MLS #: 2221698
Under Contract
UPDATED: 169 min ago
$4,600,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,700
    SQFT
  • $336
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Ratings & Info

School District:
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Westlake Associates, Inc..
Mortgage Calculator is provided by BoomTown.

Description

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 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.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-05-23T23:15:04.67. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-05-23T23:15:04.67. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.brantleychristianson.com/homes/149270155
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8309 5th Avenue NE Seattle, WA 98115

  • Price: $4,600,000
  • Status: Pending
  • On Site: Days
  • Updated: 169 min ago
  • MLS #: 2221698
0
Beds
0
Baths
0
½ Baths
0.26
Acres
13,700
SQFT
$336
$/SQFT
1969
Built
Neighborhood:
Northgate
County:
King
Area:
N.Seattle/UW/Wedgewood/V.Ridge/Lk Cty
School District:
Seattle
Property Description
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 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.
Exterior Features

Carport Spaces 6 Carport YN No Covered Spaces 0 Exterior Features BrickCement/ConcreteWood Products Open Parking Spaces 9 Open Parking YN Yes Parking Total 15 Parking Uncovered Spaces 9 Roof Flat Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 13700 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring LaminateVinylCarpet Heating Baseboard Heating YN Yes Interior Features Laminate HardwoodWall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Coin Op LaundryElevatorStorage Association Fee 0 Association YN No Energy Source Electric First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 257681 New Construction YN No Possession Closing Possible Use Multi-Family Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 39678 Tax Year 2024 Units In Building Total 16 Zoning Class Multi-Family Zoning Jurisdiction City



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-05-23T23:15:04.67. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-05-23T23:15:04.67. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Brantley Christianson Real Estate LLC
2005 SE 192nd Ave
Camas WA, 98607
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Westlake Associates, Inc..
Mortgage Calculator is provided by BoomTown.