WA > Seattle > Queen Anne
Seattle, WA 98119,1519 5th AVE W
Seattle, WA 98119,1519 5th AVE W
Seattle, WA 98119,1519 5th AVE W
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Josh Barnard

Josh Barnard

+1(253) 677-5765
Listed by Realogics Sotheby's Int'l Rlty
$450,000
Est. payment /mo
6,043 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Queen Anne

MLS Listing ID 2382278

Style 40 - Res-Less thn 1 Ac

Lot Size 6,043 Sqft

Property Sub-Type Land

Property Description

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

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Fireplace false

Exterior

Utilities Available Electricity Connected

View Y/N No

Building

Lot Description Curbs, Paved, Sidewalk

Sewer On Property

Water On Property

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out

Listing Terms Cash Out

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Northwest MLS (NWMLS)
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Josh Barnard

+1(253) 677-5765

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