5733 25th Avenue NE, Seattle, WA 98105

$1,399,000
2,370
SqFt

Listing courtesy of Keller Williams Realty Bothell.

List Price
$1,399,000
Status
ACTIVE
MLS#
2249463
Days on Market
6
Style
55 - 5-9 Units
Finished SqFt
2,370
Area Total SqFt
2370
Annual Tax Ammount
9089
Lot Size (sq ft)
4,465
Sewer
Sewer Connected

Property Description

This is a fantastic 7-bedroom house located close to the University of Washington & U Village! At 2,370sqft this large home offers generous living space on three different levels. Home is currently leased for $6,295/month starting Sept. 1st! Owners only pay taxes & insurance. Some of the property features include large living/family rooms, generously sized bedrooms, & bathrooms on each floor. The dedicated downstairs with separate entrance includes 3 bedrooms, a full kitchen, & laundry for convenience & easy living. The home is adjacent to serene Ravenna Park, yet is only minutes to everything UW has to offer. Location boasts excellent walking & biking scores! Great investment opportunity! Buy for the income, hold for the appreciation!

Additional Information

List Date
2024-06-07 23:04:09
Community
Ravenna
Net Operating Income
$60,930
Gross Scheduled Income
$75,540
Insurance Expenses
$1,500
Gross Rent Multiplier
18.51
Total Expenses
$14,610
Cap Rate
4.35
Unit Name
5733
Potential Terms
Cash Out
Year Built
1959
View
Partial, Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet
Other Expenses
4021
Energy Source
Electric
School District
Seattle
Gross Scheduled Income
$75,540
Tax Year
2024
Insurance Expense
$1,500
Total Expenses
$14,610
Net Operating Income
$60,930
Gross Rent Multiplier
18.51
Cap Rate
4.35
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