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  • Listed by: 

    David W Petersen,

    Westlake Associates, Inc.,

    Chad Michael Martini,

    Westlake Associates, Inc.

    $4,000,000

    8309 5th Avenue NE, Seattle, WA 98115

    --beds
    --baths
    13,700sqft
    Multi Family
    Built in 1969
    -- sqft lot
    $3,932,600 Zestimate®
    $292/sqft
    $3,635 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: December 27, 2024 at 04:02am

    Listed by:

    David W Petersen,

    Westlake Associates, Inc.,

    Chad Michael Martini,

    Westlake Associates, Inc.

    Bought with:

    Non Member ZDefault

    ZNonMember-Office-MLS

    Source: NWMLS,MLS#: 2286745MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: Laminate, Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 13,700
    • Total interior livable area: 13,700 sqft

    Property

    Parking
    • Total spaces: 15
    • Parking features: Open
    • Carport spaces: 6
    • Uncovered spaces: 9
    Features
    • Patio & porch: Laminate Hardwood, Wall to Wall Carpet
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 2061100055
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Cement/Concrete, Wood Products
    • Foundation: Poured Concrete
    • Roof: Flat
    Condition
    • Year built: 1969

    Utilities & green energy

    • Sewer: Sewer Connected

    Community & neighborhood

    Location
    • Region: Seattle
    • Subdivision: Northgate

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 193 days
    Services availability
    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $3,932,600
    2% more+ $78,652
    With Zillow Showcase(estimated)
    $4,011,252