5916 8TH AVE NE
SEATTLE, WA 98105

$1,368,000

8 Beds

3 Baths

2,830 Sq Ft

Status Active

MLS# 2239602

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!

Details for 5916 8TH AVE NE

Built in 1923

$483 / Sq Ft

0 parking spaces

None

Forced Air

No Info

0.0815 acres lot

Interior

Appliances

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

Bathrooms Full

Bathrooms Three Quarter

Bathrooms Total

Bedrooms Total

Fireplace Features

Wood Burning

Flooring

Ceramic Tile, Softwood, Hardwood, Vinyl, Carpet

Interior Features

Ceramic Tile, Fir/Softwood, Hardwood, Wall To Wall Carpet, Second Kitchen, Dining Room, Walk-In Closet(s), Fireplace

Living Area

2,830 SqFt.

Building And Construction

Property Sub Type

Single Family Residence

Property Type

Residential

Security Features

FullyFenced

Year Built

1923

Exterior And Lot

Exterior Features

See Remarks

Lot Features

Corner Lot, Sidewalk

Lot Size Acres

0.0815

Lot Size Square Feet

3550

Lot Size Units

Square Feet

Parking Features

None

Utilities

Cooling

None

Heating

Forced Air

Area And Schools

City

Seattle

County Or Parish

King

School District

Seattle

Subdivision Name

University District

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$8,881

Tax Year

2024

Details for 5916 8TH AVE NE

Interior

Building And Construction

Exterior And Lot

Utilities

Area And Schools

Financial Info

Area Information for 5916 8TH AVE NE