$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.

  • Interior Details
      • InteriorHardwood, Wall to Wall Carpet
  • Property Details
      • Lot DescriptionCurbs, Paved, Sidewalk, Value In Land
      • Exterior FeaturesGas Available
      • Exterior MaterialsWood
      • Stories1
    • Measurements
      • Acres0.1033
      • Square Feet3020
  • Construction Details
      • Style56 - 10+ Units
      • Property TypeMulti-Family
    • Condition
      • Year Built1921
    • Material information
      • FoundationPoured Concrete
  • Utilities / Energy Details
      • Sewer InformationSewer Connected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionGreen Lake
    • Location
      • High SchoolRoosevelt High
      • Middle SchoolEckstein Mid
      • Elementary SchoolGreen Lake
      • School DistrictSeattle
      • CountyKing
  • Financial Details
      • Original List Price$1,399,990
      • Taxes Annual$11,172
      • Days on Market (Cumulative)133
  • Other
      • MLS #2310337
Tom SlomerReal Estate Group
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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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annually
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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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