5010 8th Avenue Northeast

Seattle, WA 98105

$1,299,950
Price
8
Beds
2.25
Baths
2,910 Sq. Ft.
$447 / Sq. Ft.
2,910
Sq. Ft.
$447
per Sq. Ft.

Description

Looking for an ideal first (or next) turn key rental on a quiet street? This well-managed and maintained rental home is located near UW with easy I-5 and downtown access and it is ready for the next owner/operator. A long history of rental success means future success for you. Current rents are $7,400 with potential upside for fall ‘24. With current rents the CAP rate is 5.75% and could exceed 6% with an annual rent increase. There are 8 generous bedrooms - 3 up, 1 on the main, 4 downstairs - plus...Looking for an ideal first (or next) turn key rental on a quiet street? This well-managed and maintained rental home is located near UW with easy I-5 and downtown access and it is ready for the next owner/operator. A long history of rental success means future success for you. Current rents are $7,400 with potential upside for fall ‘24. With current rents the CAP rate is 5.75% and could exceed 6% with an annual rent increase. There are 8 generous bedrooms - 3 up, 1 on the main, 4 downstairs - plus 2.5 bathrooms to easily accommodate groups. There are 3+ off-street parking spots in the back. The home sits on a 4,687 SF NR3 zoned lot so potential awaits a creative new owner. Many system & appliance updates have been done throughout the home.

Listing Agents

  1. Adam Hestad

    Adam Hestad

    Listing Agent

    Compass

  2. Lisa Kissinger

    Lisa Kissinger

    Alternative Listing Agent

    Compass

Property Details for 5010 8th Avenue Northeast

Community Name
University District
School District
Seattle
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
05-02-2024
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of COMPASS
Add your commute
LISTING UPDATED: 05/14/2024 12:10 PM

Property Details for 5010 8th Avenue Northeast

StatusPending
MLS #2232146
Days on Market4
Cumulative Days on Market4
Taxes$9,938 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1911
Lot Size0.11 AC / 4,687 SF
CountyKing County

Location

Listing Courtesy of COMPASS
Add your commute

Building Information for 5010 8th Avenue Northeast

Stories-Year Built1911Building Size-Lot Size0.11 AC / 4,687 SF

Payment Calculator

$7,923 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,094

Property Taxes

$828

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5010 8th Avenue Northeast

Summary
Location and General Information
  • Style: 18 - 2 Stories w/Bsmnt
  • Building Information: Built On Lot
  • Site Features: Deck
  • Area: 710 - North Seattle
  • Elementary School: Green Lake
  • Middle Or Junior School: Hamilton Mid
  • High School: Lincoln High
  • Directions: GPS is accurate.
  • Property Sub Type: RESI
  • Bus Line Nearby: true
  • View: No
  • Waterfront: No
  • Entry Location: Main
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Attached Garage: No
  • Carport: No
  • Parking Type: Off Street
  • Open Parking: No
  • Parking Features: Off Street
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Full Baths Lower: 0
  • Full Baths Main: 0
  • Full Baths Upper: 1
  • Three Quarter Baths Lower: 1
  • Three Quarter Baths Main: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 1
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
  • Main Level Bathrooms: 1
Bedroom Information
  • Bedrooms Main: 1
  • Bedrooms Upper: 3
  • Bedrooms Lower: 4
  • Bedrooms Possible: 8
Interior Features
  • Fireplaces Total: 1
  • Fireplaces Main: 1
  • Floor Covering: Ceramic Tile, Hardwood, Carpet
  • Basement: Finished
  • Features: Ceramic Tile, Hardwood, Wall to Wall Carpet, Skylight(s), Walk-In Closet(s), Fireplace, Water Heater
  • Water Heater Location: Basement utility room
  • Room and Floor: Dining Room-Main, Entry Hall-Main, Kitchen With Eating Space-Main, Living Room-Main, Utility Room-Lower, Bathroom Full-Second, Bathroom Half-Main, Bathroom Three Quarter-Lower, Bedroom-Second, Bedroom-Lower, Bedroom-Main
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Cooling: No
  • Cooling: None
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Heating: Yes
  • Heating: Forced Air, Wall Unit(s)
  • FIRPTA: No
  • Water Heater Type: Gas
  • Room List: Dining Room, Entry Hall, Kitchen With Eating Space, Living Room, Utility Room, Bathroom Full, Bathroom Half, Bathroom Three Quarter, Bedroom
  • Number Of Showers: 1
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Composition
  • Appliances That Stay: Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)
Property
Utilities
  • Water Source: Public
  • Power Company: Seattle City Light
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Foundation: Poured Concrete
  • Level: Two
  • Zoning Remarks: NR3
  • Lot Topography: Level
  • First Right Of Refusal: false
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 24
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 2862100821
  • Calculated Square Footage: 2910
  • Structure Type: House
  • Square Footage Finished: 2910
  • Square Footage Unfinished: 0
  • Building Area Total: 2910.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Rental
Rent Information
  • Occupant Type: Tenant
  • Land Lease: No
  • Total Actual Rent: $7,400

Property History for 5010 8th Avenue Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5010 8th Avenue Northeast

Taxable ValueLand$610,000Additions$551,000Total$1,161,000
Tax Record2022$9,938 ($828 / month)
Home Facts
Beds6Baths2.2Total Finished SqFt3,980 SqFtAbove Ground SqFt2,880 SqFtFinished Basement SqFt1,100 SqFtStories2Lot Size4,687 SqFtStyleSingle Family ResidenceYear Built1911ZoningNR3CountyKINGAPN286210-0821Fireplace TypeHas Fireplace

Schools near 5010 8th Avenue Northeast

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Green Lake Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln High School
Public9 to 12

McDonald International School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.