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    512 5th Avenue W, Seattle, WA 98119
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    512 5th Avenue W
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    • MLS#: NWM2289839 ( Residential Income )
    • Street Address: 512 5th Avenue W
    • Viewed: 2
    • Price: $5,995,000
    • Price sqft: $465
    • Waterfront: No
    • Year Built: 1957
    • Bldg sqft: 12900
    • Additional Information
    • Geolocation: 47.6239 / -122.363
    • County: KING
    • City: Seattle
    • Zipcode: 98119
    • Subdivision: Queen Anne
    • Provided by: Lee & Associates Commercial RE
    • Contact: Daniel Lim
    • 206-267-1457
    • DMCA Notice
    • 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.
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    Features
    Home Owners Association Fee
    1. 0.00
    Carport Spaces
    1. 0.00
    Close Date
    1. 0000-00-00
    Cooling
    1. None
    Country
    1. US
    Covered Spaces
    1. 0.00
    Exterior Features
    1. Brick
    Garage Spaces
    1. 0.00
    Heating
    1. Baseboard
    Insurance Expense
    1. 8500.00
    Living Area
    1. 0.00
    Area Major
    1. 700 - Queen Anne/Magnolia
    Net Operating Income
    1. 293504.00
    Open Parking Spaces
    1. 10.00
    Other Expense
    1. 71919.00
    Parcel Number
    1. 1990200150
    Possession
    1. Closing
    2. Tenant's Rights
    Property Type
    1. Residential Income
    Roof
    1. Flat
    Sewer
    1. Sewer Connected
    Tax Year
    1. 2024
    Virtual Tour Url
    1. http://www.lee-associates.com/northwest/properties/?propertyId=1413630-sale&address=512-5th-Ave-W&officeId=2085
    Year Built
    1. 1957
    1. Making A Difference In How You Live!