Property for Sale in Seattle
1519 5th Ave W , Seattle, WA
- 0 BEDS
- 0 BATHS
- 6,043 sq.ft. Land
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- Property for Sale in Seattle
Key Facts
- MLS® #: 2237590
- Property ID: SIRC2345705
- Original Price: USD 550,000
- Property Type: Residential, Other
- Lot Size: 6,043 sq.ft.
- Listed By:
- Denise Seavitt
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
Listing Agents
- Denise Seavitt
C. 2068418788
O. 2068418788
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Location
1519 5th Ave W , Seattle, Washington, 98119 United States
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Realogics Sotheby's International Realty
7605 SE 27th Street
Mercer Island, Washington, 98040
United States
206-922-3846