Provided by NWMLS, Listed by Chad Martini, Paragon Real Estate Advisors

8309 5th Avenue NE

Seattle, WA, 98115

$4,995,000

$364 per ft²
$4,995,000
$364 per ft²
Active
Active
 - For Sale
carpenters-square
13,700 ft²
property_type
Multi-family
calendar
Built 1969
5th Avenue Manor apartments offer an investor the opportunity to own a pride-of-ownership building in a popular residential area where there is a limited supply of rental apartments. 5th Avenue Manor has great value add by doing minor updates to the units’ kitchens, flooring, and appliances. After minor updates a new owner will achieve a stabilized renovated CAP of 5.79%. This area is adjacent to Greenlake Park, well known for its many recreational and entertainment activities. This is a desirable location with quick access to the University of Washington, South Lake Union’s Tech Core, and Northgate’s shopping and entertainment district.
MLS® ID:
1935640
Listed:
5/18/22
Updated:
8/11/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Interior Features
Wall to Wall Carpet, Laminate Hardwood
Floor Description
Laminate, Vinyl, Carpet

Exterior/Building Features

Lot Size
0.26 acres lot
Exterior Features
Brick, Cement/Concrete, Wood Products
Architectural Style
Multi Family
Roof
Flat
Sewer
Sewer Connected

School Information

High School
Seattle

Other Property Details

Area Name
705 - Ballard/Greenlak
Taxes
$42440
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
15.0
View
N
County
King
Utilities
Sewer Connected, Electricity Available
Pool
No
Total Stories
3

Property History

Date
Event
Price
Value
7/25/22
Price Change
$4,995,000
-10%

Provided by NWMLS, Listed by Chad Martini, Paragon Real Estate Advisors

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Data last updated 10:51 AM UTC, 8/11/22

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