1519 5th Ave W, Seattle, WA 98119 (Off Market)
For Sale, USD 550,000
1519 5th Ave W, Seattle, Washington, United States
Property Type : Vacant Land
Property Style : N/A
Build Size : N/A
Land Size : 6,043 ft² / 561 m² Convert Land Size
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: 2237590
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
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1519 5th Ave W, Seattle, WA 98119, United States,Washington,Seattle is a Seattle luxury Vacant Land listed for sale USD 550,000. This high end Seattle Vacant Land is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Seattle or search for luxury properties for sale in Seattle.