Property Photo: 6565 5th Avenue NE WA 98115

Listing Courtesy of:

Northwest MLS / Windermere Real Estate/East, Inc. / Sheri Putzke

6565 5th Avenue NE Seattle, WA 98115

Pending (125 Days)

$1,399,990

3,020

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 #:
2310337

Taxes
$11,172(2024)

Lot Size
4,500 SQFT

Type
Multifamily

Year Built
1921

Style
10+ Units

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 Dec 22 2024 at 1:24 PM GMT+0000

Bathroom Details

Interior Features

Wall to Wall Carpet
Hardwood

Subdivision

Green Lake

Lot Information

Value In Land
Sidewalk
Paved
Curbs

Property Features

Gas Available
Fireplace: 0
Foundation: Poured Concrete

Heating and Cooling

Heat Pump
Forced Air

Flooring

Carpet
Vinyl
Hardwood

Exterior Features

Wood
Roof: Composition

Utility Information

Sewer: Sewer Connected
Fuel: Natural Gas, Electric

School Information

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

Additional Listing Info

Buyer Brokerage Compensation: 2.5

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Location

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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 12/22/24 05:24. 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.