WA > Seattle > Ravenna
Seattle, WA 98105,5101 Ravenna AVE NE
Seattle, WA 98105,5101 Ravenna AVE NE
Seattle, WA 98105,5101 Ravenna AVE NE
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Brad Hanks

Brad Hanks

+1(360) 966-6726
Listed by Lee & Associates Commercial RE
$2,250,000
Est. payment /mo
12 Beds
7 Baths
4,800 SqFt
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UPDATED:

10/12/2024 01:00 AM

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 2300893

Style 55 - 5-9 Units

Bedrooms 12

Year Built 1956

Annual Tax Amount $15,982

Lot Size 500 Sqft

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

Interior Features Fir/Softwood, Hardwood, Laminate

Flooring Softwood, Hardwood, Laminate, Vinyl Plank

Fireplace Yes

Exterior

Exterior Feature Brick

Waterfront No

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

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Northwest MLS (NWMLS)
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Brad Hanks

+1(360) 966-6726

Managing Broker | License ID: 73959

Managing Broker License ID: 73959

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