512 5th Avenue W
Seattle, WA 98119
12900 sqft | 2.76 acres | #2289839
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.
Property Details
- Exterior MaterialsBrick
- Stories2
Measurements
- Acres2.7553
- Square Feet12900
Construction Details
- Style56 - 10+ Units
- Property TypeMulti-Family
Condition
- Year Built1957
Utilities / Energy Details
- Sewer InformationSewer Connected
Community and Neighborhood Details
- SubdivisionQueen Anne
Location
- School DistrictSeattle
- CountyKing
Financial Details
- Original List Price$5,995,000
- Taxes Annual$53,874
- Days on Market (Cumulative)7
Other
- MLS #2289839
Legal
Disclaimer: The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - 21 - WA and should be verified by the buyer.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Daniel Lim (#NWM115693)
Listing Office: Lee & Associates Commercial RE (#NWM6432)
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.
