5242 11 AVE NE, Seattle, WA 98105
5242 11 AVE NE, Seattle, WA 98105
5242 11 AVE NE, Seattle, WA 98105
5242 11 AVE NE, Seattle, WA 98105
5242 11 AVE NE, Seattle, WA 98105
5242 11 AVE NE, Seattle, WA 98105
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Stephanie Lorenz

Stephanie Lorenz

+1(206) 478-3513
Listed by:eLink Realty • Gang Yang
$ 980,000
Est. payment | /mo

5 Beds

1.75 Baths

1,880 SqFt

Save
$ 980,000
Est. payment | /mo
Save

5 Beds

1.75 Baths

1,880 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,880 sqft

Price per Sqft $521

Subdivision University District

MLS Listing ID 2525586

Style 12 - 2 Story

Bedrooms 5

Full Baths 1

Year Built 1908

Annual Tax Amount $9,725

Lot Size 3,000 Sqft

Lot Dimensions 30' X 100'

Property Sub-Type Single Family Residence

Property Description

Turnkey Investment Opportunity in the University District! Incredible cash-flow asset featuring an active, hassle-free lease generating $4,750/month through August 2027. This prime property is perfectly situated just blocks from the University of Washington campus, light rail station, parks, and vibrant local dining. The home offers a highly functional layout designed for seamless rental operations, solid historically low vacancy rates, and consistent demand. Boasting an LR2 (M) zoning designation, this lot also holds exceptional long-term underlying land value and future development potential. Sit back and collect strong, predictable rental income from day one in one of Seattle's most resilient rental markets. Buyer to verify all development and zoning capacity to own satisfaction.

Location

State WA

County King

Area 710 - North Seattle

Rooms

Basement Unfinished

Main Level Bedrooms 3

Interior

Interior Features Water Heater

Flooring Engineered Hardwood

Fireplaces Type Gas

Fireplace false

Appliance Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer

Exterior

Exterior Feature Wood Products

View Y/N No

Roof Type Composition

Building

Story Two

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Stephanie Lorenz
Stephanie Lorenz

Designated Broker

+1(206) 478-3513 | s@stephanierealty.com

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5242 11 AVE NE