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8309 5th Ave NE

Seattle, WA 98115 View Map $5,600,000 Schedule a Tour
Sq.Ft.13,700
Year1969
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Conor MacEvilly

Conor MacEvilly

(206) 349-8477
 
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Status: Active
Listing Office:Paragon Real Estate Advisors
Property Type:Multi-Family
MLS® #:1935640
Sq. Feet:13,700
On Site:46 Days
Lot Size:11,160 Sq. Ft.
County:King
5th Avenue Manor is a well located mixed us building that offer an investor the opportunity to own a pride-of-ownership building in a popular residential area where there is a limited supply of rental apartments. This area is adjacent to Greenlake Park, well known for its many recreational and entertainment activities. This building features 15 residential units consisting of one, two and three-bedroom units along with 1 office space. The building is well-maintained and units are large and spacious. Units on the upper floors offer views and a 3BD penthouse unit on the top floor makes this a perfect opportunity for an owner/occupant.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:8309 5th Ave NE Seattle, WA 98115
County:King
City:Seattle
School District:Seattle
Subdivision:Green Lake
Zip Code:98115

Architecture

Year Built:1969
Stories:3
Possible Use: Multi-Family
Building Style: 10+ Units
Roof: Flat
Foundation: Poured Concrete
Carport Spaces: 6
Open Parking Spaces: 9
Parking Total: 15

Features / Amenities

Interior Features: Laminate Hardwood, Wall to Wall Carpet
Flooring: Laminate, Vinyl, Carpet
Exterior Features: Brick, Cement/Concrete, Wood Products
Heating Cooling Type: Baseboard

Property Features

Lot Size: 0.26 Acres / 11,160 Sq. Ft.
Utilities: Sewer Connected, Electricity Available
Sewer: Sewer Connected
Directions:From I5 S take exit 169 toward NE 50th. Keep Right at fork. Merge onto 5th Ave NE. Right on NE 50th. Right on Latona Ave NE. Right on NE 54th. Right on 5th Ave NE. Property is on the right.

Tax and Financial Info

Tax Year: 2022
Tax Annual Amount: $42,440
Insurance Expense: $6,000
Net Income: $159,391
Listing Terms: Cash Out, Conventional
Total Monthly Income: $24,089
Net Operating Income: $159,391
Total Expenses: $122,453
Offers: Seller intends to review offers upon receipt
Possession: Closing, Tenant's Rights

Schools

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8309 5th Ave NE Seattle, WA 98115
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8309 5th Ave NE Seattle, WA 98115
 
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All listings featuring the icon Board of Realty Logo are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2022. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Keller Williams Realty Greater Seattle and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing information last updated on July 3, 2022 at 1:30 PM PST.