6565 5th Avenue NE, Seattle, WA 98115
- $1,799,000
Listing courtesy of Windermere Real Estate/East.
- List Price
- $1,799,000
- Status
- ACTIVE
- MLS#
- 2229991
- Days on Market
- 6
- Lot Size (sq ft)
- 4,500
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.
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Additional Information
- Community
- Green Lake
- Style
- 42 - Multi-Family
- Zoning Jurisdiction
- City
- Features
- Corners Flagged
- Sewer
- On Property
- Tax Year
- 2024
- School District
- Seattle
- Elementary School
- Green Lake
- Middle School
- Eckstein Mid
- High School
- Roosevelt High
- Potential Terms
- Cash Out, Conventional
- 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.
- Buyer Agency Compensation
- 2.5
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