1519 5th Avenue W - Seattle, WA 98119$900,000

Vacant Land in the Queen Anne Neighborhood

Lot Square footage: 6,043 | Approx. Acreage: 0.14

Listing provided by:Realogics Sotheby's Int'l Rlty

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1519 5th Avenue W Seattle, WA Description:

Unique opportunity to own a lot in the prime Queen Anne neighborhood that 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 when a property 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

1519 5th Avenue W Seattle, WA Information:

Date Listed: 07-01-2024

Listing Number: 2237590

Parcel ID: 4362500000

Third Party Required (Short Sale): None

Terms of Financing: Cash Out

Community Name: Queen Anne

County: King

Area: 700 - Queen Anne/Magno

Lot Size: 0.14 acres

Lot Details: Curbs, Paved, Sidewalk

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1519 5th Avenue W Seattle, WA Amenities:

Sewer: On Property

Electrical Status: On Property

Gas Status: Not Available

Water: On Property

1519 5th Avenue W is 6,043 sq. ft or 0.14 acres of vacant land located in Seattle and in the community of Queen Anne. The available utilities include gas , electricity , sewer , and water .

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