5916 8th Avenue NE Seattle, WA 98105
Amazing investment U-District opportunity with 3 levels of light-filled living on a sunny private corner lot. Ideal layout as each floor features its own bathroom & large living spaces. Extensively updated: electrical, copper plumbing, metal roof & copper water line from street. Kitchens, baths, lighting & paint updated in '21. Lower level has 3 bright bedrooms with 2nd entrance & kitchen for added versatility & MIL/ADU potential. Carpet protects hardwoods on main floor & fir floors on upper level. Low maintenance rental w/ZERO vacancy over the last 20 years. Current cap rate of 5.77% with rents at $7826/month thru 8.31.24. Current market has rents over $8k/month. Prime location near UW buses, I-5, light rail & Greenlake. Turn key!
- Property TypeSingle Family Home
- NeighborhoodUniversity District
- CountyKing
- Taxes$8,881
- HOA/Condo/Coop Fees$0
- Days on Site15 Days
- MLS StatusActive
- MLS ID Number2239602
- Home Size Source KCR
- Year Built1923
- Lot Size0.0815 Acres
- Full Baths2
- Partial Baths1
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General Features
- Style Craftsman
- Parking None
- Parking Spaces 0
- Basement DaylightFinished
- Number of Stories 2
- Acreage 0.0815
- Water Public
- Security Fully Fenced
- Property Sub Type Single Family Residence
- Attached Garage No
- Direction Faces West
- Sewer Sewer Connected
- Lot Features Corner LotSidewalk
- Parking Total 0
Interior Features
- Cooling None
- Heating Forced Air
- Appliances Dishwasher(s)Dryer(s)DisposalRefrigerator(s)Stove(s)/ Range(s)Washer(s)
- Flooring Ceramic TileSoftwoodHardwoodVinylCarpet
- Interior Ceramic TileFir/SoftwoodHardwoodWall to Wall CarpetSecond KitchenDining RoomWalk-In Closet(s)Fireplace
- Fireplaces 1
- Fireplace Features Wood Burning
- Fireplace Yes
Exterior Features
- Roof Metal
- Waterfront Property No
- Exterior See Remarks
- Lot Corner LotSidewalk
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 710 - North Seattle
- Security Features Fully Fenced