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Listing Office: Re/max Metro Realty, Inc..

5234 University Wy Ne, Seattle, WA

$4,900,000 - .11 Acres 208 DOM

Income producing property with 17 residential and 2 commercial units. Potential abounds with NC3P65 zoning in the rezoned University district of Seattle. Continue to get rents while permitting, or do a value add remodel using IRS 481(a) adjustment cost segregation of this classic 1928 period building. Potential to rebuild to 7-story, 40 unit building. Current rent rolls available upon request. Buyers to verify all investment potential to their satisfaction. Coin-Op laundry onsite.

Listing Status: Active

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Essential Information

  • MLS® # 1318011
  • Price $4,900,000
  • Acres 0.11
  • Year Built 1928
  • Type Commercial
  • Sub-Type 61-Comm Bldg Ovr 10K
  • Status Active

Community Information

  • Address 5234 University Wy Ne
  • Area North Seattle
  • Subdivision University District
  • City Seattle
  • County King
  • State WA
  • Zip Code 98105

Interior

  • Heating Radiator

Exterior

  • Roof Flat

Additional Information

  • Days on Market 208
  • Cumulative Days on Market 208

Zoning

Commercial, Multi-Family, Retail

Listing Details

  • Listing Office: Re/max Metro Realty, Inc.

All listings featuring the icon are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2019. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by The Cascade Team Real Estate and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing information last updated on January 20th, 2019 at 5:53pm PST.