5604 17th Avenue Northeast

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5604 17th Avenue Northeast

Seattle, WA 98105
Asking Price
$1.75M
Cap Rate
6.42%
Asset Type
Student Housing Multifamily
Class
Class B

What's Special

Ravenna House | 11 Rooms / 5 Bathrooms <p>• Located on prestigious tree-lined Fraternity/Sorority Row</p><p>• Desirable location closer to Ravenna area</p><p>• Units well suited for the UW rental market</p><p>• Large decks with territorial views & outdoor space</p><p>• High ceilings and period charm featured in some units</p><p>• Hardie Board exterior siding and double pane vinyl windows</p><p>• Walk Score of 90 and Bike Score of 82</p><p>• Direct access to Green Lake via Ravenna Blvd</p><p>• Close to University of Washington and hig

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NOI
$80,000
Cap Rate
4.57%
DSCR
0.77
Underwater
Cash-on-Cash
-4.55%
Monthly Payment
$8,658.045
Annual Cash Flow
$-23,896.542

Location & Travel Times