Provided by NWMLS, Listed by Sea to Sky Realty

Active

1249 5th Avenue N

Seattle WA, 98109

$2,100,000


$440.99 per sqft

Active

4,762 sqft

Multi-family

Built in 1912

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.

2056157

MLS ID

April 20, 2023

Listed

November 14, 2024

Updated

Map

1249 5th Avenue N
Seattle WA, 98109

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Radiant

Exterior/Building Features

Lot Size

0.16 Acres


Exterior Features

Brick, Stucco, Wood


Lot Features

Dead End Street, Value In Land


Roof

Cedar Shake, Composition, Flat


Sewer

Sewer Connected

School Information

School District

Seattle

Other Property Details

Area Name

700 - Queen Anne/Magnolia


Taxes

$17,206


Tax Frequency

Annually


Garage

No


Parking Total

5


View

Yes


View Description

City, Lake, Mountain(s)


County

King


Water Source

Public


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 11/16/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 11/16/2024 at 1:00 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data last updated on 11/16/2024 at 1:00 AM UTC 

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