WA > Seattle > Queen Anne
Seattle, WA 98119,512 5th AVE W
Seattle, WA 98119,512 5th AVE W
Seattle, WA 98119,512 5th AVE W
11
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Listed by Lee & Associates Commercial RE
$5,995,000
Est. payment /mo
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26 BD
20 BA
12,900 SqFt
Active

512 5th AVE W Seattle, WA 98119

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Whitney Johnson

Whitney Johnson

+1(509) 240-6438

UPDATED:

11/14/2024 04:12 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,900 sqft

Price per Sqft $464

Subdivision Queen Anne

MLS Listing ID 2289839

Style 56 - 10+ Units

Bedrooms 26

Year Built 1957

Annual Tax Amount $53,874

Lot Size 0.276 Acres

Property Description

The Standard, 20-units located in the Uptown Queen Anne. Attractively situated near the Seattle Center & the waterfront. The unit mix consist of 16 1-bed, two 2-bed units & two 3-bed units. Opportunities for lift with the addition of in-unit w/d & converting the laundry rooms into units also a 12,020sf MR (M) zoned lot, initial studies suggest 75+ unit development potential (buyer to verify). The acquisition of the Standard not only secures a prime piece of Seattle real estate but also offers potential for future development & appreciation. With its strategic location, rental upside & multiple exit strategies, the Standard is an exceptional opportunity for investors seeking a blend of immediate rental income & long-term opportunities.

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Fireplace false

Exterior

Exterior Feature Brick

Waterfront No

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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