5010 8th Avenue NE

Provided by NWMLS, Listed by COMPASS

$1,290,000

5010 8th Avenue NE, Seattle, WA 98105

Bedrooms

8
Bathrooms

3
Sq.Ft.

2,910

Property Description

Looking for an ideal first (or next) turn key rental on a quiet street? This well-managed and maintained rental home is located near UW with easy I-5 and downtown access and it is ready for the next owner/operator. A long history of rental success means future success for you. Current rents are $7,400 with potential upside for fall '24. With current rents the CAP rate is 5.75% and could exceed 6% with an annual rent increase. There are 8 generous bedrooms - 3 up, 1 on the main, 4 downstairs - plus 2.5 bathrooms to easily accommodate groups. There are 3+ off-street parking spots in the back. The home sits on a 4,687 SF NR3 zoned lot so potential awaits a creative new owner. Many system & appliance updates have been done throughout the home.

Overview

Property Status

Sold

Lot Size

4,687 Sq.Ft.

MLS ID

2232146

Property Type

Residential

Year Built

1911

Are you interested?

Schedule a Tour

or Contact

Adam Hestad

(206) 459-6819 [email protected]

Lisa Kissinger

(206) 276-1306 [email protected]

Features & Amenities

Total Area

2,910 Sq.Ft.

Neighborhood

Seattle

Stories

2

Water Source

Public

Roof

Composition

Lot Features

Curbs, Paved, Sidewalk

Parking

Off Street

Heat Type

Forced Air, Wall Unit(s)

Air Conditioning

None

Fireplace

Wood Burning

Appliances

Dishwashers_, Dryer(s), Garbage Disposal_, Refrigerators_, Stoves Ranges_, Washer(s)

Other Interior Features

Ceramic Tile, Hardwood, Wall to Wall Carpet, Skylight(s), Walk-In Closet(s), Fireplace, Water Heater

Sewer

Sewer Connected

Substructure

Poured Concrete

Other Exterior Features

Brick, Wood

Elementary School

Green Lake

Middle School

Hamilton Mid

High School

Lincoln High

School District

Seattle

Sales Price

$1,290,000

Real Estate Tax

$9,938/yr

Are you interested?

Schedule a Tour

or Contact

Adam Hestad

(206) 459-6819 [email protected]

Lisa Kissinger

(206) 276-1306 [email protected]

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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for your interest in 5010 8th Avenue NE, Seattle, WA 98105

5010 8th Avenue NE

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