$2,480,000
$2,480,000
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5235 17th Ave NE Seattle, WA 98105
4,610 SqFt
Key Details
Sold Price $2,480,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,610 sqft
Price per Sqft $537
Subdivision University District
MLS Listing ID 1692097
Sold Date 11/18/20
Style 56 - 10+ Units
Year Built 1909
Annual Tax Amount $9,537
Lot Size 6,480 Sqft
Property Description
Hard to find, located in the heart of University of Washington, the 12 units apartment offers great configuration, each home as 1 bed or 2beds, and one bath, individual kitchen, metered gas heater, in building laundry rooms. The building has new roof, gutters (including leaf relief gutter protection system) which replaced in June 2019. Good cap rate of 5.05% with huge upside potential. Great opportunity to add this HOT property in your portfolio. Fantastic year round occupancy . Always rented.
Location
State WA
County King
Area 710 - North Seattle
Interior
Interior Features Forced Air
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Cable Connected, Natural Gas Available, Electric, Natural Gas Connected
Amenities Available Cable TV, Deck, Fenced-Partially, Gas Available
View Y/N Yes
View City, Mountain(s), Territorial
Roof Type Composition
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Available
Water Community
New Construction No
Schools
Elementary Schools Green Lake
Middle Schools Hamilton Mid
High Schools Roosevelt High
School District Seattle
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