1249 5th Avenue N
Seattle, WA 98109
4762 sqft | 0.16 acres | #2056157
Description
Rare Value-Add/Development opportunity in excellent east slope Queen Anne location, one block north of Highland Drive, with outstanding views of the city, Lake Union, and the Cascade Mountains. The property offers potential for interior/exterior upgrades that could lead to significant rental increases and improved returns. The zoning allows new development for about 20 500sf apartment units or 10 1,250sf townhouse units (Buyer to verify). Great flexibility to start the project promptly or hold with current leases.
Property Details
- Lot DescriptionDead End Street, Value In Land
- ViewCity, Lake, Mountain(s)
- Exterior MaterialsBrick, Stucco, Wood
- Sewer InformationSewer Connected
- Style55 - 5-9 Units
- Date ListedApril 20, 2023
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- SubdivisionQueen Anne
- Original List Price$2,500,000
- School DistrictSeattle
- Taxes Annual$17,206
- MLS #2056157
- Cost2100000
- MLS #2056157
- Acres0.1648
- Utility SourcePublic
- Square Feet4762
- Year Built1912
- CountyKing
- Property ConditionFair
- Days on Market (Cumulative)225
- Stories2
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-18 21:50:09. 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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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Lin Shen (#NWM95940)
Listing Office: Sea to Sky Realty (#NWM4662)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
