About 1519 5th Avenue W
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
Features of 1519 5th Avenue W
| MLS® # | 2382278 |
|---|---|
| Price | $450,000 |
| Bathrooms | 0.00 |
| Acres | 0.14 |
| Type | Lot/Land |
| Sub-Type | Land |
| Status | Pending |
Community Information
| Address | 1519 5th Avenue W |
|---|---|
| Area | 700 - Queen Anne/Magnolia |
| Subdivision | Queen Anne |
| City | Seattle |
| County | King |
| State | WA |
| Zip Code | 98119 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Curbs, Paved, Sidewalk |
|---|
School Information
| District | Seattle |
|---|
Additional Information
| Days on Market | 440 |
|---|---|
| Cumulative Days on Market | 440 |
| Days on Website | 138 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Realogics Sotheby's Int'l Rlty |
|---|