5217 18th Avenue NE, Seattle, WA 98105

$1,888,000
8
BD
5
BA
3,130
SqFt

Listing courtesy of Windermere Real Estate Midtown. Selling Office: Professional Realty Services.

Sold Price
$1,888,000
List Price
$1,999,000
Status
SOLD
MLS#
1197018
Closing Date
Jan 24, 2018
Days on Market
103
Bedrooms
8
Finished SqFt
3,130
Area Total SqFt
3130
Annual Tax Ammount
7258
Lot Size (sq ft)
4,320
Sewer
Sewer Connected

Property Description

Fully remodeled & redesigned like new for rental to students. $7800 per month, tenants pay all utilities, would like to stay until 2019, w/ escalated rent. Tenants co-signed with parents, very organized, clean & friendly but DO NOT DISTURB. Showings only with accepted offer. Basically a brand new fully permitted house w/ 8 beds & 5 3/4 baths. 5 off street parking spaces, just 7 blocks to UW, 2 blocks from Frat row, huge rental demand. ~4% rental cap rate, 10-15% area appreciation last few years.

Additional Information

Community
University District
Style
18 - 2 Stories w/Bsmnt
Basement
Finished
Year Built
1908
Roof
Composition
Site Features
Fenced-Fully, Patio, RV Parking
Tax Year
2017
School District
Seattle
Potential Terms
Cash Out, Conventional
Interior Features
High Efficiency - 90%+, Hot Water Recirc Pump, Tankless Water Heater, Hardwood, Second Primary Bedroom, Bath Off Primary, Double Pane/Storm Window, Dining Room, Walk-In Closet(s)
Flooring
Hardwood
Driving Directions
From I5, go east toward UW, Left on 18th through frat row, house on West side, NO SIGN, DO NOT DISTURB TENANTS.
Appliance
Dishwasher, Double Oven, Dryer, Microwave, Range/Oven, Refrigerator, See Remarks, Washer
Appliances Included
Dishwasher, Double Oven, Dryer, Microwave, Range/Oven, Refrigerator, See Remarks, Washer
Energy Source
Natural Gas
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