5101 Ravenna Avenue NE

Seattle, WA 98105

  • Bed

  • Bath

  • 4800 SqFt

  • 32 DOM

  • Built: 1956

  • Status: Active

$2,250,000

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5101 Ravenna Avenue NE

Seattle 98105

$2250000

  • Bed

  • Bath

  • 4800 SqFt

  • 32 DOM

  • Built: 1956

  • Status: Active

Srinivas Kasam

CEO & Founder

(650)533-3259

Ravenna Terrace, a 7-unit building ideally situated near work, school & play, Ravenna Terrace features an attractive mix of 6 2-bed & 1 1-bed units. These mid-century floorplans average in size of 686sf & have received updates to cabinetry, counters & appliances on turns. Ownership has replaced all the windows with double pane units & the roof has received a recoat in last 2 yrs. With nearby economic drivers including Seattle Children's, U-Village and UW Hospital as well as UW. Investors will benefit from a diverse tenant pool. A well cared for asset, Ravenna Terrace presents an attractive opportunity to realize upside from current below market rents as well as additional lift through unit upgrades.

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