Provided by NWMLS, Listed by Westlake Associates, Inc.

Active

8309 5th Avenue NE

Seattle WA, 98115

$4,600,000


$335.77 per sqft

Active

13,700 sqft

Multi-family

Built in 1969

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 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.

2221698

MLS ID

April 10, 2024

Listed

May 9, 2024

Updated

Map

8309 5th Avenue NE
Seattle WA, 98115

Interior Features

Total Stories

3


Interior Features

Laminate Hardwood, Wall to Wall Carpet


Floor Description

Laminate, Vinyl, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.26 Acres


Exterior Features

Brick, Cement/Concrete, Wood Products


Roof

Flat


Sewer

Sewer Connected

School Information

School District

Seattle

Other Property Details

Area Name

710 - North Seattle


Taxes

$39,678


Tax Frequency

Annually


Garage

No


Parking Total

15


View

No


County

King


Pool

No


Buyer Agency Compensation

2%

The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/11/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northwest Multiple Listing Service all rights reserved.

Data last updated on 5/11/2024 at 9:00 PM UTC 

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