Description
Unique opportunity to own a lot in the prime queen anne neighborhood that provides you with a steady stream of income from the ground lease. yep, there is a 5-unit condominium built on the property and it pays monthly income to you, plus the property taxes and the insurance. the rental income increases yearly and when a property sells, so the income stream will also increase. so, you can park your money here and watch the land appreciate over time and watch the income increase over time as well! 2024 gross rental income is $24,697.35
Property Type
LandCounty
KingStyle
LandAD ID
46241815
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Property Details
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Interior Features
Heating & Cooling
- WaterSource: On Property
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Property / Lot Details
Lot Information
- Lot Description: Curbs, Paved, Sidewalk
- Lot Square Feet: 6043
- Lot Acres: 0.1387
Property Information
- Property Type: Land
- Sub Type: Land
- Structure Type: Unspecified
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Listing Information
Listing Price Information
- Original List Price: $900000
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Taxes / Assessments
Tax Information
- Annual Tax: $0
- Tax Year: 2024
- Parcel Number: 4362500000
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School, Utilities &Location Details
Utility Information
- Electricity Connected
Location Information
- Subdivision: Queen Anne
- City: Seattle
- Direction: Take QA Avenue up from Mercer to W Galer St and turn left (W) to 5th Ave W, then turn right (N) and the property is on your left (W) side of the street
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BuyOwner last updated this listing Fri Nov 15 2024
- MLS: NWM2237590
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: nwmls
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Seattle , in zip code 98119, this King County Land , it is in the Queen Anne Subdivision, and are nearby neighborhoods.