1519 5th Avenue W, Seattle, WA 98119
Land 
Built in —— 
6,042sqft lot
—— car garage 
$——/sqft 
Listed 1 month ago
Property Description
This listing courtesy of Denise Seavitt, Realogics Sotheby's Int'l Rlty
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
- Listing Status:
- Active
- Listing Office:
- Realogics Sotheby's Int'l Rlty : 206-922-3846
- Listing Agent:
- Denise Seavitt : 206-922-3846
- MLS ID:
- 2382278
- A/C: None
- Heating: None
- Fireplace: Fireplaces: 0
This listing courtesy of Denise Seavitt, Realogics Sotheby's Int'l Rlty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Residential Consortium
2142 10th Ave W, Seattle, WA, 98119
Grades PK-12
0.49 miles away
McClure Middle School
1915 1st Ave W, Seattle, WA, 98119
Grades 6-8
0.37 miles away
Residential Consortium
2142 10th Ave W, Seattle, WA, 98119
Grades PK-12
0.49 miles away
