4701 5th AVE NE new to site

Seattle,WA 98105

$ 1499950

4 Beds

2 Baths

2900 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $517

Subdivision Wallingford

MLS Listing ID 2424890

Style 53 - Tri-plex

Bedrooms 4

Year Built 1921

Annual Tax Amount $9,875

Lot Size 4,867 Sqft

Lot Dimensions 4,867

Property Sub-Type Multi Family

Property Description

Investor & developer alert! Rarely available triplex on a prime Seattle corner lot w/0% vacancy since the '70s. Main floor features a spacious 2BD/1BA w/fireplace, kitchen, nook, large living room & sun-bathed den. Upstairs offers a studio + 1BD, both w/kitchens, decks & panoramic Mt. Rainier views—potential to merge into a 2BD for higher rents. 800+ sq ft basement is a value-add dream w/space for extra unit(s), bath & garage. Recent capital improvements: roof, siding, gutters & plumbing. Seconds to I-5, minutes to Wallingford, U-District, light rail & bus lines. Backyard presents ADU potential. Endless upside: cash flow, redevelopment, or repositioning in one of Seattle's hottest rental markets. Rare chance to own a legacy asset!

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Flooring Hardwood

Fireplace false

Exterior

Exterior Feature Metal/Vinyl

Amenities Available Cable TV,Deck,Fenced-Partially

View Y/N Yes

View Mountain(s),Sound

Roof Type Composition

Building

Lot Description Sidewalk

Sewer Sewer Connected

Water Community

New Construction No

Schools

Elementary Schools John Stanford Intl

Middle Schools Hamilton Mid

High Schools Lincoln High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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