$1,399,990
Pending

6565 5th Avenue NE

Seattle, WA 98115
3020 sqft | 0.10 acres | #2310337
Listing OfficeWindermere Real Estate/East
Browse 11 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Incredible development opportunity in the heart of Green Lake! This level lot is zoned LR3 and is in the final stage of permitting. Future 17 unit building offering studio, one and two bedrooms has strong cap rate potential. Current home can provide rental income through start of construction. Fantastic location just steps from Green Lake Park, an outdoor enthusiast's playground with swimming, fishing, paddle boats, biking, pickleball, wading pool and more. Enjoy a variety dining options with everything from neighborhood coffee shops to fine cuisine. Excellent commuter options nearby with quick, easy access to downtown.

  • Property Details
      • Lot DescriptionCurbs, Paved, Sidewalk, Value In Land
      • InteriorHardwood, Wall to Wall Carpet
      • Date ListedNovember 12, 2024
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • Style56 - 10+ Units
      • High SchoolRoosevelt High
      • Exterior FeaturesGas Available
      • Property TypeMulti-Family
      • Middle SchoolEckstein Mid
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • SubdivisionGreen Lake
      • Elementary SchoolGreen Lake
      • Original List Price$1,399,990
      • School DistrictSeattle
      • Taxes Annual$11,172
      • MLS #2310337
      • Cost1399990
      • MLS #2310337
      • Acres0.1033
      • Utility SourcePublic
      • Exterior MaterialsWood
      • Square Feet3020
      • Year Built1921
      • CountyKing
      • Property ConditionFair
      • Days on Market (Cumulative)163
      • Stories1
Jimi Lou Steambarge
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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