Courtesy of Lee & Associates Commercial RE
5101 Ravenna Ave NE, Seattle, WA 98105
Multifamily-- Bed-- Bath4,800 Sq Ft29 Days on Market
Listing Agent & Comments
Daniel Lim • Lee & Associates Commercial RE
206-267-1457 • cchevaillier@lee-associates.com License #131121Ravenna Terrace, a 7-unit building ideally situated near work, school & play, Ravenna Terrace features an attractive mix of 6 2-bed & 1 1-bed units. These mid-century floorplans average in size of 686sf & have received updates to cabinetry, counters & appliances on turns. Ownership has replaced all the windows with double pane units & the roof has received a recoat in last 2 yrs. With nearby economic drivers including Seattle Children's, U-Village and UW Hospital as well as UW. Investors will benefit from a diverse tenant pool. A well cared for asset, Ravenna Terrace presents an attractive opportunity to realize upside from current below market rents as well as additional lift through unit upgrades.
MLS# NWM2357939 • Data provided by NWMLS as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Living Area | 4,800 Sq.Ft. |
---|---|
Lot Size | 501 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 2 |
Year Built | 1956 |
Property Type | Multifamily |
Zoning | LR2 (M) |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $16,855 |
Property in Flood Zone | -- |
Data provided by NWMLS as distributed by MLS Grid.
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