1519 5th Avenue West
$650,000
6,043 / 0.14
Listing provided courtesy of Realogics Sotheby's Int'l Rlty
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!...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
- Listed by Denise Seavitt • Realogics Sotheby's Int'l Rlty
Property Details for 1519 5th Avenue West
Community Name
Queen Anne
School DistrictSeattle
Entry Date07-01-2024
SewerOn Property
LISTING UPDATED: 11/14/2024 08:18 AM
Property Details for 1519 5th Avenue West
Status | Active |
---|---|
MLS # | 2237590 |
Days on Market | 170 |
Cumulative Days on Market | 157 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | 0.14 AC |
County | King County |
Building Information for 1519 5th Avenue West
Lot Size0.14 AC
Property Information for 1519 5th Avenue West
Property History for 1519 5th Avenue West
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1519 5th Avenue West
Taxable ValueLand-Additions-Total-
Home Facts
Beds0Stories2Lot Size6,043 SqFtStyleCondominiumYear Built1956Year Renovated2002ZoningSF 5000CountyKINGAPN4362500000
Schools near 1519 5th Avenue West
This home is within Seattle Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 12 |
Rating | School | Distance |
---|---|---|
Hay Elementary School PublicK to 5 | ||
Mcclure Middle School Public6 to 8 | ||
Lincoln High School Public9 to 12 | ||
Residential Consortium PublicPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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