512 5th Avenue W
Seattle, WA 98119
- – beds
- – baths
- 12,900 sqft
- 12,020 sqft lot
- $464 per sqft
- 1957 build
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.
Last checked:
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Last updated Nov 14, 2024
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MLS# 2289839 —
The Building
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Year Built:1957
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New Construction:false
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Structure Type:Multi Family
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Exterior Features:Brick
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Roof:Flat
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# of Units Total:20
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Stories Total:2
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Building Area Total:12900
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Building Area Units:Square Feet
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Calculated SqFt:12900
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SqFt Source:County
Interior
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Fireplace:false
Financial & Terms
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Possession:Closing, Tenant's Rights
Location
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Latitude:47.623856
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Longitude:-122.362869
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Directions:Heading west on Mercer turn right on 5th Ave W building is on the left.
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Parcel Number:1990200150
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Lot Size Units:Square Feet
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Lot Size Acres:0.2759
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Lot Size SqFt:12020
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Lot Size Source:County
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View:false
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Waterfront:false
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 267-1457
- Office phone:
- (206) 267-1457
Taxes
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Tax Year:2024
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Tax Annual Amount:53874
The Listing
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Special Listing Conditions:None
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Virtual Tour Unbranded:
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Virtual Tour URL Description:Property Website
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Baseboard
Utilities
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Sewer:Sewer Connected
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Water Sewer Garbage:29469
Schools
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High School District:Seattle
The Community
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Subdivision Name:Queen Anne
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Senior Community:false
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Association:false
Parking
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Parking Total:10
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Parking Uncovered Spaces:10
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Open Parking:true
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Open Parking Spaces:10
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Carport:false
Listing courtesy of NWMLS / Lee & Associates Commercial RE
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/11/24
Sep 11, 2024
|
Listed / Active | NWMLS | $5,995,000 |
