$5,100,000
For Sale

5003 15th Avenue NE

Seattle, WA 98105
16848 sqft | 0.19 acres | #2294091
Listing OfficeLee & Associates Commercial RE
Browse 22 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

The Davison is timeless, well-maintained pride of ownership building in the heart of the Seattle’s University District neighborhood and walking distance to the University of Washington. It features spacious units averaging 670 sf per unit with a unit mix of 10 studios and 13 1-bedrooms (buyer to verify). Units feature elegant crown molding, oak hardwood floors and vintage penny tile. Most units feature newer kitchen cabinets and granite countertops as well as vanities. The building also features six secure garage spaces with access off the alley. Sitting on an 8,220 sf LR3 zoned corner lot, the Davison is a handsome opportunity to realize significant rental upside in one of Seattle’s most sought-after and well supported rental markets

  • Property Details
      • InteriorCeramic Tile, Hardwood, Laminate
      • Lot DescriptionCorner Lot, Secluded, Sidewalk
      • SubdivisionUniversity District
      • Date ListedSeptember 23, 2024
      • Sewer InformationSewer Connected
      • Style56 - 10+ Units
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • Original List Price$5,100,000
      • School DistrictSeattle
      • Taxes Annual$56,078
      • MLS #2294091
      • Cost5100000
      • MLS #2294091
      • Acres0.1887
      • Exterior MaterialsBrick
      • Square Feet16848
      • Year Built1926
      • CountyKing
      • Days on Market (Cumulative)284
      • Stories3
Real Property Associates, Inc.
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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