5224 12th Avenue NE Seattle WA 98105
$ 1,590,000
  8   |    2   |    3590 Sq Feet
Listed By: eLink Realty

Listing ID

#2357406

Property Type

Residential

Property Style

Contemporary

County

King

Neighborhood

University District

Year Built

1909

Days on website

41

Description
Investors pay attention, Duplex, Zoned LR2 with huge potential for development, convenient location in the heart of U-District, walk to light rail station and UW campus, unbeatable with stable rental income from unlimited incoming UW students in the future. Many new renovations made in the last few year, cap rate at 4.63%. Preleased $7,340/month from 9/1/2025 to 8/31/2026. Rent to 2 groups of tenants. Tenants pay all utilities. 2 private parking in alley. Dream for investor and best deal on the market.
Location
Financial Information
List Price:  $ 1590000
Taxes:  $ 9913
Property Features
Appliances:  Disposal
Basement:  Finished
Direction Faces:  West
Exterior Features:  Wood
Fireplace Features:  Wood Burning
Flooring:  Ceramic Tile, Hardwood, Laminate
Foundation Details:  Poured Concrete
Interior Or Room Features:  Ceiling Fan(s), Ceramic Tile, Dining Room, Double Pane/Storm Window, Fireplace, Hardwood, High Tech Cabling, Laminate, Second Kitchen, Water Heater
Levels:  Two
Lot Features:  Curbs, Paved, Sidewalk
Parking Features:  Driveway, Off Street
Property Condition:  Good
Roof:  Composition
Sewer:  Sewer Connected
Structure Type:  House
View:  Territorial
Water Source:  Public
MLS Area Major:  710 - North Seattle
City:  Seattle
Subdivision Name:  University District
Listed By:     eLink Realty  206-388-1887