512 5th Avenue W Seattle, WA 98119
512 5th Avenue W
Seattle, WA 98119
$5,750,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
The Standard, 20-units located in the Uptown Queen Anne. Attractively situated near the Seattle Center & the waterfront. The unit mix consist of 16 1-bed, two 2-bed units & two 3-bed units. Opportunities for lift with the addition of in-unit w/d & converting the laundry rooms into units also a 12,020sf MR (M) zoned lot, initial studies suggest 75+ unit development potential (buyer to verify). The acquisition of the Standard not only secures a prime piece of Seattle real estate but also offers potential for future development & appreciation. With its strategic location, rental upside & multiple exit strategies, the Standard is an exceptional opportunity for investors seeking a blend of immediate rental income & long-term opportunities.
Watch Virtual Tour #1Property Features
Community: Queen Anne
10+ Units
Exterior: Brick
Roof: Flat
Year Built: 1957
2024 Taxes: $53874.00
Listing #: 2289839
Lot Details
Lot Size: 0.28 acres
No. of Units: 20
Interior
Cooling: None
Heating: Baseboard
Electric
Call or Email:
Grace Wamwere
What's Near 512 5th Avenue W Seattle, WA 98119?
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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Courtesy of Lee & Associates Commercial RE
