Ignite FB Tracking Pixel512 5th Avenue W, Seattle, WA 98119 - Anna-Lisa Schorn
Van Dorm Realty, Inc.
Anna-Lisa Schorn, Van Dorm Realty, Inc.Phone: (360) 701-9239
Email: [email protected]

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listing
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Listing Provided Courtesy of Lee & Associates Commercial Re
Residential IncomeFor Sale
$5,995,000
512 5th Avenue W
Seattle, WA 98119
Listing Provided by: NWMLS
Est. Mortgage
$31,045/mo

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.

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