5101 Ravenna Avenue NE
Seattle, WA 98105
4800 sqft | 0.01 acres | #2300893
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)83
Other
- MLS #2300893
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-10-21 20:32:14. 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.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Daniel Lim (#NWM115693)
Listing Office: Lee & Associates Commercial RE (#NWM6432)
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.
