5010 8th Avenue NE

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.

8
beds

3
baths

2,910 Sq.Ft. LIVING AREA

4,687 Sq.Ft. lot

Features & Amenities

Interior

total bedrooms8
Total bathrooms3
full bathroom1
three quarter bathroom1
half bathroom1
Flooring Ceramic Tile, Hardwood, Carpet
Fireplace Wood Burning
APPLIANCES Dishwashers_, Dryer(s), Garbage Disposal_, Refrigerators_, Stoves Ranges_, Washer(s)
other interior Features Ceramic Tile, Hardwood, Wall to Wall Carpet, Skylight(s), Walk-In Closet(s), Fireplace, Water Heater

Area & Lot

Status Sold
Date Sold May 31, 2024
Living Area2,910 Sq.Ft.
Total Area2,910 Sq.Ft.
Lot Area4,687 Sq.Ft.
MLS® ID2232146
TypeResidential
YEAR BUILT1911
Elementary SchoolGreen Lake
Middle SchoolHamilton Mid
High SchoolLincoln High
School DistrictSeattle

Exterior

STORIES2
water SourcePublic
roofComposition
lot featuresCurbs, Paved, Sidewalk
parkingOff Street
HEAT TYPEForced Air, Wall Unit(s)
AIR CONDITIONINGNone
sewerSewer Connected
SubstructurePoured Concrete
other exterior FeaturesBrick, Wood

Financial

Sales Price$1,290,000
Real Estate Tax $9,938/yr

Ready to Help

I approach real estate as a responsibility, not a transaction. I take the time to truly understand your goals, guide you with clear strategy, and advocate for you with focus and care. Known for my calm presence and strong negotiation skills, I help clients navigate Seattle’s competitive market feeling informed, protected, and confident from start to finish.

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Contact Details

Savanna Taylor

Phone

(253) 347-6651

[email protected]

Address

837 N 34TH ST STE 100 SEATTLE WA 98103

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