8309 5th Avenue NE in Seattle
Listing ID: | 2221698 (Multi-Family) |
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Listing Price: | $4,600,000 |
Days on Market: | 37 |
Details | |
Bed / Bath: | 0.00 / 0.00 |
Lot Size: | 0.26 acre (11,160 sqft) |
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.
This listing is provided courtesy of NWMLS, contributed by Westlake Associates, Inc.