6565 5th Avenue NE Seattle, WA 98115

Active (7 Days)

$1,799,000

4,500

SQFT

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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.

MLS #:
2229991

Taxes
$11,172(2024)

Lot Size
4,500 SQFT

Type
Land

Style
Multi-Family

School District
Seattle

County
King County

Community
Green Lake

Listed By

Sheri Putzke, Windermere Real Estate/East, Inc.

Source
Northwest MLS as distributed by MLS Grid
Last checked May 17 2024 at 10:19 AM GMT+0000

Bathroom Details

Subdivision

Green Lake

Lot Information

Sidewalk
Paved
Curbs

Property Features

Fireplace: 0

Utility Information

Utilities: Electricity Connected, Natural Gas Available
Sewer: On Property

School Information

Elementary School: Green Lake
Middle School: Eckstein Mid
High School: Roosevelt High

Additional Listing Info

Buyer Brokerage Commission: 2.5

Location

Map View | Street View

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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: Based on information submitted to the MLS GRID as of 2024 5/17/24 03:19. 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.