12
See all 12 photos
Listed by Lee & Associates Commercial RE
$2,250,000
Est. payment /mo
12 Beds
7 Baths
4,800 SqFt
New
5101 Ravenna AVE NE Seattle, WA 98105
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $468
Subdivision Ravenna
MLS Listing ID 2416232
Style 55 - 5-9 Units
Bedrooms 12
Year Built 1956
Annual Tax Amount $15,389
Lot Size 500 Sqft
Property Sub-Type Multi Family
Property Description
Ravenna Terrace, a 7-unit building ideally situated near work, school & play, Ravenna Terrace features an attractive mix of 6 2-bed & 1 1-bed units. These mid-century floorplans average in size of 686sf & have received updates to cabinetry, counters & appliances on turns. Ownership has replaced all the windows with double pane units & the roof has received a recoat in last 2 yrs. With nearby economic drivers including Seattle Children's, U-Village and UW Hospital as well as UW. Investors will benefit from a diverse tenant pool. A well cared for asset, Ravenna Terrace presents an attractive opportunity to realize upside from current below market rents as well as additional lift through unit upgrades.
Location
State WA
County King
Area 710 - North Seattle
Interior
Flooring Hardwood, Laminate, Softwood, Vinyl Plank
Fireplace false
Exterior
Exterior Feature Brick
View Y/N Yes
View City
Roof Type Flat
Building
Lot Description Sidewalk
Sewer Sewer Connected
Water Community
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.