1519 5th Avenue W

$900,000

1519 5th Avenue W, Seattle, WA 98119

For Sale

MLS® ID: 2237590

  • 6,043 Sq.Ft.

Property Details

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

Denise Seavitt

LISTING AGENT

Amenities

Exterior & Building

  • water Source On Property
  • utilities Electricity Connected
  • lot features Curbs Paved Sidewalk
  • sewer On Property

Financial Details

  • Sales Price $900,000

Area & Lot

  • Status For Sale
  • Lot Area 6,043 Sq.Ft.
  • MLS® ID 2237590
  • Type Land
  • School District Seattle

Work With Denise

My purpose has always been to help others, from being a tennis pro to teaching at Texas A&M to helping people invest in real estate. I have spent 30+ years helping people navigate the world of real estate. My goal is to both help you put together a real estate investment game plan and implement it.

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