$4,000,000
Sold

8309 5th Avenue NE

Seattle, WA 98115
13700 sqft | 0.26 acres | #2286745
Listing OfficeWestlake Associates, Inc.
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

5th Ave Manor presents an exceptional opportunity for investors seeking ownership of a desirable 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 6.01%. 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.

  • Property Details
      • Days on Market (Cumulative)44
Real Property Associates, Inc.