5234 University WAY NE new to site

Seattle,WA 98105

$ 5900000

9 Beds

17 Baths

13873 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,873 sqft

Price per Sqft $425

Subdivision University District

MLS Listing ID 2367684

Style 56 - 10+ Units

Bedrooms 9

Year Built 1928

Annual Tax Amount $44,835

Lot Size 4,650 Sqft

Property Sub-Type Multi Family

Property Description

The Devoe Apartments feature (17) thoughtfully designed residential units above (2) thriving commercial spaces. (12) apartments have been recently renovated, with (4) boasting in-unit washer/dryers. Units showcase elegant hardwood floors, select leaded-glass accents, and unpainted natural woodwork, blending historic charm with modern appeal. Built in 1928, this charming brick building is situated on a serene section of The Ave, offering proximity to the Univ. of Washington, an array of bars and restaurants, seamless I-5 access, and is equidistant to University Village and Green Lake. Zoned NC3P-65 (Neighborhood commercial), this property is primed for investors seeking to maximize revenue through short-term rentals, pending City approval.

Location

State WA

County King

Area 710 - North Seattle

Interior

Flooring Hardwood,Vinyl,Vinyl Plank

Exterior

Exterior Feature Brick,Wood Products

View Y/N No

Roof Type Flat

Building

Lot Description Paved,Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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