About 8309 5th Avenue Ne
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.
Features of 8309 5th Avenue Ne
| MLS® # | 2286745 |
|---|---|
| List Price | $4,000,000 |
| Sale Price | $4,000,000 |
| Price Per SqFt | $292 |
| Bathrooms | 0.00 |
| Square Footage | 13,700 |
| Acres | 0.26 |
| Year Built | 1969 |
| Type | Income |
| Sub-Type | Multi-Family |
| Status | Sold |
Community Information
| Address | 8309 5th Avenue Ne |
|---|---|
| Area | 710 - North Seattle |
| Subdivision | Northgate |
| City | Seattle |
| County | King |
| State | WA |
| Zip Code | 98115 |
Amenities
| Parking Spaces | 15 |
|---|---|
| Is Waterfront | No |
Interior
| Interior Features | Laminate Hardwood, Wall to Wall Carpet |
|---|---|
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior Features | Brick, Cement/Concrete, Wood Products |
|---|---|
| Foundation | Poured Concrete |
School Information
| District | Seattle |
|---|
Additional Information
| Days on Market | 338 |
|---|---|
| Cumulative Days on Market | 338 |
| Days on Website | 324 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |