1519 5th Avenue W

Seattle, WA 98119

Listing Courtesy of Northwest MLS / Realogics Sotheby's Int'l Rlty and AgencyOne

Sold

Property 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
Property Details
- MLS ID:
  
  2382278
- Area:
  
  Queen Anne/Magnolia
- Community:
  
  Queen Anne
- County:
  
  King County
- Lot Size Sq. Ft.:
  
  6,043
- Lot Style:
  
  Curbs, Paved, Sidewalk
- Property Subtype:
  
  Land
- Property Type:
  
  Land
- Status:
  
  Sold
- Web ID:
  
  TSYC76
Additional Highlights
- Land/Topography:
  
  Level
- Water Source:
  
  On Property
- Zoning Description:
  
  Multi-Family
Taxes and Fees
- Taxes (Year):
  
  2024

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1519 5th Avenue W, Seattle Washington, 98119 United States