8309 5th Avenue NE, Seattle, WA 98115 (MLS # 2221698)
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Listing provided courtesy of Northwest MLS; Westlake Associates, Inc.
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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.
| DAYS ON MARKET | 24 | LAST UPDATED | 4/10/2024 |
|---|---|---|---|
| TRACT | Green Lake | YEAR BUILT | 1969 |
| COMMUNITY | Green Lake | COUNTY | King |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Seattle |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 705 - Ballard/Greenlake |
| BUYER'S BROKERAGE COMPENSATION | 2 |
| CONSTRUCTION | Brick, Wood Siding |
| HEAT | Baseboard, Electric |
| INTERIOR | Laminate Hardwood, Wall to Wall Carpet |
| LOT | 0.2562 acre(s) |
| STORIES | 3 |
| STYLE | 56 - 10+ Units |
| SUBDIVISION | Green Lake |
| TAXES | 39678 |
| UTILITIES | Sewer Connected |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/3/24 3:37 PM PDT. 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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