5018 17th Avenue NE Seattle, WA 98105
Listing Courtesy of: Northwest MLS / Windermere Real Estate Co. / Matthew Townsend
$1,650,000

  5018 17th Avenue NE Seattle, WA 98105

Active (61 Days)

Description

Prime UW Rental House on Seattle's Greek Row, 12 Bedroom + grand commons. Seller Terms: 20% down/ 5.0% Interest Only/ 5 Year Cash Out, no pre pay penalty. Flyer avail shows market 6.8 cap rate & 14.0% ROI. All vacant: brokers may show daily. Preleased for Sept 1st, 2022 - Aug 2023 @ $7100/m, tenants pay all util's,(below market but provides 12 mo's stability, see flexible seller terms). Total renovation 2005 incl: basement & top floors are 2005 construction, 100% new water from street & inside, 100% romex 2005/ large panel 200 amp, sewer upgraded w/ liner, gas boiler & radiators pro serviced June 2022, etc.

MLS #:
1955557
Taxes
$10,456(2022)
Lot Size
4,320 SQFT
Type
Multifamily
Building Name
University Park
Year Built
1908
Style
Duplex
Views
Territorial, Mountain(s)
School District
Seattle
County
King County
Community
University District
Bathroom Details
Interior Features
  • Ceramic Tile
  • Radiator
  • Wall to Wall Carpet
Subdivision
  • University District
Lot Information
  • Alley
  • Curbs
  • Sidewalk
  • Paved
Property Features
  • Gas Available
  • High Speed Internet
  • Foundation: Poured Concrete
Heating and Cooling
  • Radiator
Flooring
  • Ceramic Tile
  • Carpet
Exterior Features
  • Wood
  • Roof: Composition
Utility Information
  • Utilities: Sewer Connected, Natural Gas Connected, Natural Gas Available, High Speed Internet
  • Sewer: Sewer Connected
  • Fuel: Natural Gas
Additional Listing Info
  • Selling Office Commission: 2.5
Location
   
Calculate drive times to this property
 

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jun 21, 2022
Price Changed
$1,650,000
-6%
-100,000
Jun 21, 2022
Price Changed
$1,750,000
6%
100,000
Jun 21, 2022
Original Price
$1,650,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.