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5234 University Way NE
Seattle, WA 98105
The Devoe · Multifamily Property For Sale
·
17 Units
PROPERTY FACTS
| No. Units | 17 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 11,473 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1927 |
| Building Class | C | Parking Ratio | 0.35/1,000 SF |
| Zoning | NC3P65 | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 11,473 SF |
| No. Stories | 3 |
| Year Built | 1927 |
| Parking Ratio | 0.35/1,000 SF |
| Zoning | NC3P65 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
ABOUT 5234 UNIVERSITY WAY NE , SEATTLE, WA 98105
Income producing property with 17 residential and 2 commercial units. Potential abounds with NC3P65 zoning in the rezoned University district of Seattle. Continue to get rents while permitting, or do a value add remodel using IRS 481(a) adjustment cost segregation of this classic 1928 period building. Potential to rebuild to 7-story, 40 unit building. Current rent rolls available upon request. Buyers to verify all investment potential to their satisfaction. Coin-Op laundry onsite. Potential for Seller Financing, call Listing Broker with questions.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 17 | - | - |
PROPERTY TAXES
| Parcel Number | 881640-0645 | Improvements Assessment | $2,385,000 |
| Land Assessment | $1,860,000 | Total Assessment | $4,245,000 |
PROPERTY TAXES
