5733 25Th Ave Seattle, WA 98105

Exceptional investment opportunity: a stabilized, 7-bedroom student housing property in Seattle, WA, near the University of Washington and U Village. This 3-story, 2,370 square foot house, built in 1959, sits on a 4,465 square foot lot and is currently 100% occupied, generating a $60,930 NOI with a 4.36% cap rate. The asking price is $1,399,000. The property features a spacious layout with generously sized bedrooms and bathrooms on each floor. A dedicated lower level, complete with a separate entrance, 3 bedrooms, a full kitchen, and laundry facilities, enhances both convenience and rental potential. Its prime location offers excellent walkability and bikeability scores, with proximity to Ravenna Park. The current lease agreement runs from September 1st, 2024, at a monthly rent of $6,295. Owner responsibilities are limited to taxes and insurance. The property is zoned NR-3. This is a rare opportunity to acquire a high-performing asset in a sought-after student housing market. The combination of strong cash flow and potential for appreciation makes this an ideal investment for long-term growth.