MLS #2382278 / Listing provided by NWMLS & Realogics Sotheby's Int'l Rlty.
$450,000
1519 5th Avenue W
Seattle,
WA
98119
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
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: No
- Cooling: No
Lot Details
- Lot Features: Curbs, Paved, Sidewalk
- Acres: 0.1387
Schools
- High School District: Seattle
Lot Details
- Lot Features: Curbs, Paved, Sidewalk
- Acres: 0.1387
Water, Sewer, and Garbage
- Sewer: On Property
- Water Source: On Property
Jenny Gullikson
Real Estate Professional
Send Jenny Gullikson an email