5010 8th Avenue NE Seattle, WA 98105
Looking for an ideal first (or next) turn key rental on a quiet street? This well-managed and maintained rental home is located near UW with easy I-5 and downtown access and it is ready for the next owner/operator. A long history of rental success means future success for you. Current rents are $7, 400 with potential upside for fall ‘24. With current rents the CAP rate is 5.75% and could exceed 6% with an annual rent increase. There are 8 generous bedrooms - 3 up, 1 on the main, 4 downstairs - plus 2.5 bathrooms to easily accommodate groups. There are 3+ off-street parking spots in the back. The home sits on a 4, 687 SF NR3 zoned lot so potential awaits a creative new owner. Many system & appliance updates have been done throughout the home.
- Property TypeSingle Family Home
- NeighborhoodUniversity District
- CountyKing
- Taxes$9,938
- HOA/Condo/Coop Fees$0
- Days on Site9 Days
- MLS StatusPending
- MLS ID Number2232146
- Home Size Source Realist
- Year Built1911
- Lot Size0.1076 Acres
- Full Baths1
- Partial Baths2
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General Features
- Parking Off Street
- Parking Spaces 0
- Basement Finished
- Number of Stories 2
- Acreage 0.1076
- Water Public
- Zoning NR3
- Property Sub Type Single Family Residence
- Attached Garage No
- Sewer Sewer Connected
- Lot Features CurbsPavedSidewalk
- Parking Total 0
Interior Features
- Cooling None
- Heating Forced AirWall Unit(s)
- Appliances Dishwasher(s)Dryer(s)DisposalRefrigerator(s)Stove(s)/ Range(s)Washer(s)
- Flooring Ceramic TileHardwoodCarpet
- Interior Ceramic TileHardwoodWall to Wall CarpetSkylight(s)Walk-In Closet(s)FireplaceWater Heater
- Fireplaces 1
- Fireplace Features Wood Burning
- Fireplace Yes
Exterior Features
- Roof Composition
- Waterfront Property No
- Exterior BrickWood
- Lot CurbsPavedSidewalk
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 710 - North Seattle