5242 11 Avenue NE, Seattle, WA 98105
- $980,000
- 5
- BD
- 2
- BA
- 1,570
- SqFt
Listing courtesy of eLink Realty.
- List Price
- $980,000
- Status
- ACTIVE
- MLS#
- 2525586
- Days on Market
- 69
- Bedrooms
- 5
- Finished SqFt
- 1,570
- Area Total SqFt
- 1880
- Annual Tax Ammount
- 9725.6
- Lot Size (sq ft)
- 3,000
- Sewer
- Sewer Connected
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.
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Additional Information
- Community
- University District
- Style
- 12 - 2 Story
- Basement
- Unfinished
- Year Built
- 1908
- Roof
- Composition
- Tax Year
- 2026
- School District
- Seattle
- Potential Terms
- Cash, Conventional, FHA
- Interior Features
- Water Heater
- Flooring
- Engineered Hardwood
- Driving Directions
- From NE 50th St. turn north onto 11th Ave NE.
- Appliance
- Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
- Appliances Included
- Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Water Heater Location
- Basement
- Water Heater Type
- Gas
- Energy Source
- Natural Gas
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.