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.
Windermere Real Estate/EastLicense #84464Listed on: 11/12/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2310337
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$11,172
Year Built
Built in 1921
Lot Details
4,500 Sq Ft Lot
Value in Land
Home Design
Poured Concrete
Composition Roof
Wood Siding
Interior Spaces
3,020 Sq Ft Home
1-Story Property
Flooring
Wood
Wall to Wall Carpet
Vinyl
Schools
Green Lake Elementary School
Eckstein Mid Middle School
Roosevelt High School
Utilities
Forced Air Heating System
Heat Pump System
Community Details
No Home Owners Association
Green Lake Subdivision
Listing and Financial Details
Assessor Parcel Number 9528104280
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$11,172
Year Built
Built in 1921
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi-Family
StyleCode: 56 - 10+ Units
Year Built: 1921
Buyer Agency Compensation: 2.5
MLS Status: Pending
Prev Status: Pending
New Construction: No
CalculatedSquareFootage: 3020
Special Features: None
Cumulative Days on Market: 417
Interior Features
Possible Use: Multi-Family, Residential
Fireplace: No
Flooring: Hardwood, Vinyl, Carpet
Interior Amenities: Hardwood, Wall to Wall Carpet
Stories: 1
SquareFootageFinished: 0
SquareFootageUnfinished: 0
BathsFullUpper: 0
BathsHalfUpper: 0
BathsThreeQuarterUpper: 0
BedroomsUpper: 0
Exterior Features
Roof: Composition
Lot Features: Curbs, Paved, Sidewalk, Value In Land
View: No
Waterfront: No
Exterior Features: Wood
Foundation Details: Poured Concrete
Property Condition: Fair
Structure Type: Multi Family
Garage/Parking
Carport Y N: No
Open Parking: No
ParkingUncoveredSpaces: 0
Utilities
Sewer: Sewer Connected
Water Source: Public
Cooling: None
Cooling Y N: No
Heating: Forced Air, Heat Pump
Heating Yn: Yes
PowerCompany: City Light
SewerCompany: SPU
WaterCompany: SPU
WaterSewerGarbage: 0
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Junior High Dist: Seattle
High School: Roosevelt High
Middle Or Junior School: Eckstein Mid
Lot Info
Parcel Number: 9528104280
Lot Size Acres: 0.1033
Lot Size Sq Ft: 4500
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
SiteFeatures: Gas Available
MLSLotSizeSource: King County
MLSSquareFootageSource: King County
ZoningJurisdiction: City
ZoningClass: Multi-Family,Residential
Green Features
Power Production Type: Electric, Natural Gas
Rental Info
GrossRentMultiplier: 0
LeasedItems: None
TotalMonthlyIncome: 0
Tax Info
Year: 2024
Tax Annual Amount: 11172
Multi Family
Number Of Units Total: 1
Leasable Area: 3020
EnergySource: Electric,Natural Gas
UnitsInBuildingTotal: 1
UnitsBelowGrade: false
VacancyRate: 0
MLS Schools
Elementary School: Green Lake
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
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This home is located at 6565 5th Ave NE, Seattle, WA 98115 and is currently priced at $1,399,990, approximately $463 per square foot. This property was built in 1921. 6565 5th Ave NE is a home located in King County with nearby schools including Green Lake Elementary School, Eckstein Middle School, and Roosevelt High School.
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