Specialty Real Estate - For Sale
4737 18th Avenue Northeast Seattle, WA 98105
Details & Description
Price: $6,500,000
  • Property Type Specialty : Other Specialty
  • Lot Size Acres 0.000
  • Building Sq Ft 22,436
  • Building Price per Sq Ft $289.71
  • Land Price per Sq Ft $289.71
We are offering an inviting opportunity to own an asset in one of Seattle’s most significant neighborhoods. In the Center of Everything. The Zeta House includes two meticulously maintained 12,000 square foot buildings on just over 12,000 square feet of land. The buildings were formerly a sorority that accommodated over 90 students. Purchase this Offering if you are seeking Pride of Ownership, Prestigious Architectural Design, along with Highly Efficient Dwelling Units, and a prime location to live.University Park is a neighborhood of about six square blocks adjacent to the North Main Gate of the University of Washington Campus. Plotted in 1908 this historical tree-lined neighborhood houses thousands of University students in a sorority, fraternity, religious organization, and institutional housing, alongside apartments and rooming houses. 1908 development standards required, like the University Campus, Neo-Gothic architecture: creating a wonderland of classical architecture. University Park is within walking distance to world-class shopping at the University Village with over 100 stores and eateries.The University District has grown to nearly 30,000 residents. Recent development in the neighborhood has been plenty. Numerous apartment buildings and Micro Housing has been completed or is under construction. 25 story buildings are now just a few blocks away.This offering includes two buildings with a connected breezeway totaling 22,436 square feet of living space at $289.00 per square foot, well below the market average (of $340.00 PSF). Six million five hundred thousand dollar purchase price. At a minimum of 39 units, the price of $166,666 per unit is 30% less than the average per micro-unit costs. This is an economically sound residential purchase or value add investment.
Additional Photos
Listing Agents
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

4737 18th Avenue Northeast

Seattle, WA 98105

Listing ID: 245828
$6,500,000
For Sale
  • Property Type Specialty : Other Specialty
  • Lot Size Acres 0.000
  • Building Sq Ft 22,436
  • Building Price per Sq Ft $289.71
  • Land Price per Sq Ft $289.71
  • 4737 18th Avenue Northeast Seattle, WA 98105 - main image
  • 4737 18th Avenue Northeast Seattle, WA 98105 - alt image 2
  • 4737 18th Avenue Northeast Seattle, WA 98105 - alt image 3
  • 4737 18th Avenue Northeast Seattle, WA 98105 - alt image 4
  • 4737 18th Avenue Northeast Seattle, WA 98105 - alt image 5
4737 18th Avenue Northeast - main image
4737 18th Avenue Northeast - alt image 2
4737 18th Avenue Northeast - alt image 3
4737 18th Avenue Northeast - alt image 4
4737 18th Avenue Northeast - alt image 5
Description

We are offering an inviting opportunity to own an asset in one of Seattle’s most significant neighborhoods. In the Center of Everything. The Zeta House includes two meticulously maintained 12,000 square foot buildings on just over 12,000 square feet of land. The buildings were formerly a sorority that accommodated over 90 students. Purchase this Offering if you are seeking Pride of Ownership, Prestigious Architectural Design, along with Highly Efficient Dwelling Units, and a prime location to live.

University Park is a neighborhood of about six square blocks adjacent to the North Main Gate of the University of Washington Campus. Plotted in 1908 this historical tree-lined neighborhood houses thousands of University students in a sorority, fraternity, religious organization, and institutional housing, alongside apartments and rooming houses. 1908 development standards required, like the University Campus, Neo-Gothic architecture: creating a wonderland of classical architecture. University Park is within walking distance to world-class shopping at the University Village with over 100 stores and eateries.

The University District has grown to nearly 30,000 residents. Recent development in the neighborhood has been plenty. Numerous apartment buildings and Micro Housing has been completed or is under construction. 25 story buildings are now just a few blocks away.

This offering includes two buildings with a connected breezeway totaling 22,436 square feet of living space at $289.00 per square foot, well below the market average (of $340.00 PSF). Six million five hundred thousand dollar purchase price. At a minimum of 39 units, the price of $166,666 per unit is 30% less than the average per micro-unit costs. This is an economically sound residential purchase or value add investment.

Attachments & Files
Listing Location & Map Views
Listing Agent
Listing Co-Agent
Listing Co-Agent
More listings from Kurt Sorensen
Featured Local Vendors

Title Company
Your Ad Here
Your company could be listed here
Click for more info!
Insurance Agency
Your Ad Here
Your company could be listed here
Click for more info!
Environmental Studies
Your Ad Here
Your company could be listed here
Click for more info!
HVAC Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Mold Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Roofing Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Private Lending
Your Ad Here
Your company could be listed here
Click for more info!
Real Estate Attorney
Your Ad Here
Your company could be listed here
Click for more info!
Electrical Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Property Management
Your Ad Here
Your company could be listed here
Click for more info!
Plumbing Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Property Inspection
Your Ad Here
Your company could be listed here
Click for more info!