6565 5th Avenue NE, Seattle, WA 98115

$1,799,000
5
BD
1
BA
1,810
SqFt

Listing courtesy of Windermere Real Estate/East.

List Price
$1,799,000
Status
ACTIVE
MLS#
2227307
Days on Market
12
Bedrooms
5
Finished SqFt
1,810
Area Total SqFt
3020
Annual Tax Ammount
11172
Lot Size (sq ft)
4,500
Sewer
Sewer Connected

Property 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.

Additional Information

Community
Green Lake
Style
18 - 2 Stories w/Bsmnt
Basement
Partially Finished
Year Built
1921
Roof
Composition
Site Features
Gas Available
Tax Year
2024
School District
Seattle
Elementary School
Green Lake
Middle School
Eckstein Mid
High School
Roosevelt High
Potential Terms
Cash Out, Conventional
Interior Features
Hardwood, Wall to Wall Carpet, Dining Room
Flooring
Hardwood, Vinyl, Carpet
Driving Directions
From I-5 N: Exit 170 for Ravenna Blvd toward NE 65th St. Slight left onto Ravenna Blvd, Slight left onto NE 65th St, Right onto 5th Ave NE. Home is on the left.
Appliance
Dishwasher(s), Dryer(s), Refrigerator(s), Trash Compactor, Washer(s)
Appliances Included
Dishwasher(s), Dryer(s), Refrigerator(s), Trash Compactor, Washer(s)
Energy Source
Electric, Natural Gas
Buyer Agency Compensation
2.5
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