PROPERTIES FOR SALE

1519 5th Avenue W Seattle, WA 98119

NWMLS Courtesy of Realogics Sotheby's Int'l Rlty
1519 5th Avenue W
Seattle, WA 98119
$650,000
Land
0 Beds
0.00 Baths
0 SqFt
Active
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Unique opportunity to own a lot in the prime Queen Anne neighborhood provides you with a steady stream of income from the ground lease. Yep, there is a 5-unit condominium built on the property and it pays monthly income to you, plus the property taxes and the insurance. The rental income increases yearly and also when a unit sells, so the income stream will also increase. So, you can park your money here and watch the land appreciate over time AND watch the income increase over time as well! 2024 gross rental income is $24,697.35

Property Features

Community: Queen Anne
Res-Less thn 1 Ac
Pool: Above Ground
2024 Taxes: $0.00
Listing #: 2237590

Lot Details

Lot Size: 0.14 acres
Curbs
Paved
Sidewalk
Topography: Level
Road Sides: east
Road: Paved

Utilities

Electricity: On Property
Water: On Property
Gas: Not Available
Sewer: On Property

Schools

District: Seattle
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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