$2,250,000
For Sale

5101 Ravenna Avenue NE

Seattle, WA 98105
4800 sqft | 0.01 acres | #2270760
Listing OfficeLee & Associates Commercial RE
Browse 12 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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.

  • Interior Details
      • InteriorFir/Softwood, Hardwood, Laminate
  • Property Details
      • Lot DescriptionSidewalk
      • Exterior MaterialsBrick
      • ViewCity
      • Stories2
    • Measurements
      • Acres0.0115
      • Square Feet4800
  • Construction Details
      • Style55 - 5-9 Units
      • Property TypeMulti-Family
    • Condition
      • Year Built1956
    • Material information
      • FoundationPoured Concrete
  • Utilities / Energy Details
      • Sewer InformationSewer Connected
      • Utility SourceCommunity
  • Community and Neighborhood Details
      • SubdivisionRavenna
    • Location
      • School DistrictSeattle
      • CountyKing
  • Financial Details
      • Original List Price$2,250,000
      • Taxes Annual$15,982
      • Days on Market (Cumulative)32
  • Other
      • MLS #2270760
Lori Campion
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Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

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