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Kim Mulligan

kim.mulligan@engelvoelkers.com +1(206) 579-9066

Listed by:Keller Williams Rlty Bellevue • Maggie Sun

$ 1,250,000

Est. payment -/mo

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First Look

5018 20th AVE NE Seattle, WA 98105

6 Beds

2.75 Baths

2,370 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status First Look

Purchase Type For Sale

Square Footage 2,370 sqft

Price per Sqft $527

Subdivision University District

MLS Listing ID 2582722

Style 18 - 2 Stories w/Bsmnt

Bedrooms 6

Full Baths 2

Year Built 1920

Annual Tax Amount $14,534

Lot Size 3,700 Sqft

Property Sub-Type Single Family Residence

Property Description

Rare investment and development opportunity within walking distance to the University of Washington! This single-family home sits on a level, highly usable lot in an exceptional location with strong long-term potential. The existing home offers immediate flexibility for rental income, with potential use as rental housing or a boarding home, subject to applicable regulations and approvals. For builders and developers, the property may also offer exciting redevelopment possibilities, including townhomes or multifamily/apartment development, subject to zoning and City approval. A one-car garage provides additional parking and storage. With its flat lot, existing residence, outstanding proximity to UW, and multiple potential investment strategies, this property is an excellent opportunity for investors, developers, or builders looking to secure a well-located asset in one of Seattle's most consistently in-demand rental areas. Buyer to verify zoning, development potential, cash flow investment, and permitting requirements to their satisfaction.

Location

State WA

County King

Area 710 - North Seattle

Rooms

Basement Finished

Interior

Interior Features Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Walk-In Closet(s)

Flooring Vinyl Plank

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace true

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer

Exterior

Exterior Feature Wood

Amenities Available Fenced-Fully, Patio

View Y/N Yes

View Territorial

Roof Type Composition

Garage Yes

Building

Lot Description Curbs, Paved, Sidewalk

Story Two

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Laurelhurst

Middle Schools Eckstein Mid

High Schools Roosevelt High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Kim Mulligan

Real Estate Advisor

+1(206) 579-9066

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