1249 5th AVE N, Seattle, WA 98109 - MLS#2056157 - Bill Crouch

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Bill Crouch

billcrouchrealty@gmail.com +1(940) 867-8265

Listed by Sea to Sky Realty

$2,100,000

Est. payment - /mo

9 Beds

5 Baths

4,762 SqFt

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UPDATED:

11/19/2024 05:50 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,762 sqft

Price per Sqft $440

Subdivision Queen Anne

MLS Listing ID 2056157

Style 55 - 5-9 Units

Bedrooms 9

Year Built 1912

Annual Tax Amount $17,206

Lot Size 7,177 Sqft

Property Sub-Type Multi-Family

Property Description

Rare Value-Add/Development opportunity in excellent east slope Queen Anne location, one block north of Highland Drive, with outstanding views of the city, Lake Union, and the Cascade Mountains. The property offers potential for interior/exterior upgrades that could lead to significant rental increases and improved returns. The zoning allows new development for about 20 500sf apartment units or 10 1,250sf townhouse units (Buyer to verify). Great flexibility to start the project promptly or hold with current leases.

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Fireplace false

Exterior

Exterior Feature Brick, Stucco, Wood

View Y/N Yes

View City, Lake, Mountain(s)

Roof Type Cedar Shake,Composition,Flat

Building

Lot Description Dead End Street, Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA

Listing Terms Cash Out, Conventional, FHA

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Bill Crouch

+1(940) 867-8265

Agent - Wichita Falls Team Lead | License ID: 493718

Agent - Wichita Falls Team Lead License ID: 493718

1249 5th AVE N Seattle, WA 98109

Bill Crouch

Key Details

Location

Interior

Exterior

Building

Schools

Others

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