512 5th Avenue W, Seattle, WA 98119 (MLS # 2289839)
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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.
| DAYS ON MARKET | 9 | LAST UPDATED | 9/11/2024 |
|---|---|---|---|
| TRACT | Queen Anne | YEAR BUILT | 1957 |
| COMMUNITY | Queen Anne | COUNTY | King |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Seattle |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 700 - Queen Anne/Magnolia |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Electric |
| LOT | 2.7553 acre(s) |
| STORIES | 2 |
| STYLE | 56 - 10+ Units |
| SUBDIVISION | Queen Anne |
| TAXES | 53874 |
| UTILITIES | Sewer Connected |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 9/20/24 4:55 AM PDT. 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.
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