1519 5th Ave W, Seattle, WA 98119 1519 5th Ave W Seattle, Washington 98119 United States
$550,000
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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...
- 561 m²
- Exterior
- Land
- Property type
- CQ4QRD
- Web Id
- 2237590
- MLS ID
- 300
- days ago
About 1519 5th Ave W
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
MLSNumber
- MLSID
- NWM2237590
Denise Seavitt
Phone: 206-922-3846
Mobile: +1 206.841.8788
7605 SE 27th Street
Mercer Island, Washington 98040 United States- Market Trends in
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