5242 11 Avenue NE, Seattle, WA 98105
- $980,000
- 5
- BD
- 2
- BA
- 1,570
- SqFt
Courtesy of eLink Realty
- List Price
- $980,000
- Status
- ACTIVE
- Days on Market
- 73
- MLS#
- 2525586
- Subtype
- Residential
- Style
- 12 - 2 Story
- Year Built
- 1908
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 1,570
- Lot Size
- 3,000
- Acres
- 0.07
- Subdivision
- University District
- Neighborhood
- University District
- Building Name
- Pettit's University Addition
- MLS Area Major
- North Seattle
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
- Interior Features
- Water Heater
- Exterior Features
- Wood Products
- Property Description
- 12 - 2 Story
- Flooring
- Engineered Hardwood
- Heating
- Forced Air
- Air Conditioning
- None
- Levels
- Two
- Roof
- Composition
- Parking Features
- Off Street
- School District
- Seattle
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.