MLS #2416232 / Listing provided by NWMLS & Lee & Associates Commercial RE.
$2,250,000
5101 Ravenna Avenue NE
Seattle,
WA
98105
Sq Ft
Per Sq Ft
Year Built
Ravenna 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.
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
- Upper Level Bedrooms: 0
- Possible Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 0
- Uncovered Parking Spaces: 0
- Open Parking Spaces: 0
Structure
- Roof: Flat
- Exterior Features: Brick
- Foundation: Poured Concrete
Lot Details
- Lot Features: Sidewalk
- Acres: 0.0115
- Foundation: Poured Concrete
Schools
- High School District: Seattle
Lot Details
- Lot Features: Sidewalk
- Acres: 0.0115
- Foundation: Poured Concrete
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water Source: Community
- Water, Sewer, and Garbage: 9982
Stacey Tull
Broker | REALTOR®
Send Stacey Tull an email