5018 17th Avenue NE Seattle, WA 98105
Listing Courtesy of: Northwest MLS / Windermere Real Estate Co. / Matthew Townsend
$1,500,000

  5018 17th Avenue NE Seattle, WA 98105

Pending (109 Days)

Description

NEW TERMS SEPT 21ST: List Price $1,500,000/ Seller welcomes cash out offers. NOW ALSO OFFERS SELLER TERMS @ *$1,560,000* - 20% Down - Interest Only -- 5.25% for 3 years, 6.25% 4th year, 7.25% 5th year. No Prepayment Penalty. Loan approvals in two days & closings in six. Handsome 1908 Four Square Seattle's Greek Row, 12 BR's + grand commons. *Market Cap Rate 6.9 per 12 x 940, 12 x 80 util copay, 2 x 80 stalls, laundry zero = 12,400/m market* *Currently leased Aug 2023 @ $7100/m, tenants pay utils, exc group, exc co-signers* Total renovation 2005: basement & top floors 2005 construction, 100% new water supp from street, 100% romex & 200 amp 2005., sewer upgraded w/ liner, gas boiler & radiators pro serviced June 2022, more info avail.

MLS #:
1985380
Taxes
$10,456(2022)
Lot Size
4,320 SQFT
Type
Multifamily
Building Name
University Park
Year Built
1908
Style
5-9 Units
Views
Territorial, Mountain(s)
School District
Seattle
County
King County
Community
University District
Bathroom Details
Interior Features
  • Wall to Wall Carpet
  • Ceramic Tile
  • Radiator
Subdivision
  • University District
Lot Information
  • Sidewalk
  • Paved
  • Curbs
  • Alley
Property Features
  • High Speed Internet
  • Gas Available
  • Foundation: Poured Concrete
Heating and Cooling
  • Radiator
Flooring
  • Carpet
  • Ceramic Tile
Exterior Features
  • Wood
  • Roof: Composition
Utility Information
  • Utilities: Natural Gas Connected, Sewer Connected, Natural Gas Available, High Speed Internet
  • Sewer: Sewer Connected
  • Fuel: Natural Gas
Additional Listing Info
  • Selling Office Commission: 2.5
Location
   
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Estimated Monthly Mortgage Payment

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

Listing price
Down payment
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Interest rate
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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: Based on information submitted to the MLS GRID as of 2022 9/28/22 04:57. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.