Seattle, WA 98115,8320 5th AVE NE
Seattle, WA 98115,8320 5th AVE NE
Seattle, WA 98115,8320 5th AVE NE
20
Listed by Lee & Associates Commercial RE
Bought with Westlake Associates, Inc.
$2,480,000
$2,510,000
1.2%
Est.Price: ?

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6,120 Sqft Lot

8320 5th AVE NE Seattle, WA 98115

Est. payment /mo
SOLD DATE : 09/29/2023

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Key Details

Sold Price $2,480,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Maple Leaf

MLS Listing ID 2133414

Sold Date 09/29/23

Style 55 - 5-9 Units

Year Built 1991

Annual Tax Amount $26,283

Lot Size 6,120 Sqft

Lot Dimensions 6120

Property Description

1st time on market since it was built in 1991, the Chalet is a rare opportunity to own a quality mixed-use building in a popular residential area of Maple Leaf. 5 townhome units, 1 studio w private balcony, & 2 commercial spaces. Generously-sized at approx. 1200 sf, the TH units feat 2-beds/1.5-bh offering an abundance of natural light. The commercial office suites have to 2 private restrooms & addtl storage. Well-maintained w/ secure street-level garage parking. Common laundry w/ 2 sets of leased W/D. Fully rented w/ low historic vacancy. This is the perfect opportunity for an investor to realize significant rental upside & maximize rental income through a light value-add renovation & taking advantage of additional efficiencies.

Location

State WA

County King

Area 710 - North Seattle

Interior

Interior Features Wall to Wall Carpet

Flooring Vinyl, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Cement Planked

Amenities Available Deck, Gas Available, High Speed Internet

Waterfront No

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

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Kat Delay

Team Owner / Director of Sales | License ID: 125181

+1(425) 223-1751

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