1519 5th Avenue W, Seattle, WA 98119
Local realty services provided by:RSVP Brokers ERA
Listed by:denise seavitt
Office:realogics sotheby's int'l rlty
MLS#:2382278
Source:NWMLS
1519 5th Avenue W,Seattle, WA 98119
$450,000
- 0.14 Acres
- Lots / Land
- Pending
Price summary
- Price:$450,000
About this home
Unique opportunity to own a lot in the prime Queen Anne neighborhood that provides you with a steady stream of income from the ground lease. Yep, there is a 5-unit condominium built on the property and it pays monthly income to you, plus the property taxes and the insurance. The rental income increases yearly and when a property sells, so the income stream will also increase. So, you can park your money here and watch the land appreciate over time AND watch the income increase over time as well! 2024 gross rental income is $24,697.35
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Home facts
- Listing ID #:2382278
- Updated:October 01, 2025 at 01:43 PM
Structure and exterior
- Lot area:0.14 Acres
Utilities
- Water:On Property
- Sewer:On Property
Finances and disclosures
- Price:$450,000
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