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.
Sold
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
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#: 2286745

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