$650,000
1519 5th Avenue W, Seattle, 98119
Listing Courtesy of
Realogics Sotheby's Int'l Rlty
1519 5th Avenue W, Seattle, WA 98119
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
Source Northwest MLS
Media
- Photos
PROPERTY DETAILS
- Mls Id2237590
- StatusActive
- AreaQueen Anne
- CarportNo
- CitySeattle
- CountyKing
- FireplaceNo
- High School DistrictSeattle
- Living Area0 Square Feet
- Lot FeaturesCurbs, Paved, Sidewalk
- Lot Acres0.1387
- Lot Square Feet6043
- Zip Code98119
- Property TypeLand
- SewerOn Property
- UtilitiesElectricity Connected
- WaterfrontNo
- Water SourceOn Property
- Checked For Updates2024-12-21 04:01:25 PST
Based on information submitted to the MLS GRID as of 2024-12-21 04:01:25 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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