MLS #2525586 / Listing provided by NWMLS & eLink Realty.
$980,000
5242 11 Avenue NE
Seattle,
WA
98105
Beds
Baths
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Total Bedrooms: 5
- Main Level Bedrooms: 3
- Lower Level Bedrooms: 0
- Upper Level Bedrooms: 2
- Possible Bedrooms: 5
Bathrooms
- Total Bathrooms: 2
- Half Bathrooms: 0
- Three-quarter Bathrooms: 1
- Full Bathrooms: 1
- Full Bathrooms in Garage: 0
- Half Bathrooms in Garage: 0
- Three-quarter Bathrooms in Garage: 0
Fireplaces
- Total Fireplaces: 0
Water Heater
- Water Heater Location: Basement
- Water Heater Type: Gas
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Attached: No
- Parking Features: Off Street
- Parking Total: 1
- Total Uncovered Parking Spaces: 1
Structure
- Roof: Composition
- Exterior Features: Wood Products
- Foundation: Poured Concrete
Lot Details
- Acres: 0.0689
- Foundation: Poured Concrete
Schools
- High School District: Seattle
Lot Details
- Acres: 0.0689
- Foundation: Poured Concrete
Power
- Energy Source: Natural Gas
- Power Company: Seattle City Light
Water, Sewer, and Garbage
- Sewer Company: City of Seattle
- Sewer: Sewer Connected
- Water Company: City of Seattle
- Water Source: Public
Debbie Burk
Broker | REALTOR®
Send Debbie Burk an email