1809 5th Avenue N, Seattle, WA 98109

Courtesy of Pacific Crest

$2,450,000
13,200
SqFt

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List Price
$2,450,000
Status
ACTIVE
Days on Market
156
Price Change
▼ $200,000 1781658609
MLS#
2452589
Subtype
Residential Income
Style
55 - 5-9 Units
Year Built
1940
Living Area
13,200
Lot Size
10,600
Acres
0.24
Subdivision
Seattle
Neighborhood
Seattle
MLS Area Major
Queen Anne/Magnolia

Property Description

Arun Apartments "PERMITTED" Development Site. The current permitted property is shovel ready for immediate development and is located in the highly desirable East Queen Anne/Westlake neighborhood of Seattle which offers immediate redevelopment potential in one of Seattle’s most supplyconstrained and sought-after multifamily submarkets. Beyond the existing remodeled 6 units, the site's zoning, pre-obtained permitting and design combine the two existing lots, allowing for an immediate development project consisting of five 4-story rowhouses. This feature presents an invaluable opportunity to bypass the typical lengthy permitting process where investors can elect to execute the permitted project for sale or long-term rental income.

Additional Information

Exterior Features
See Remarks
Property Description
55 - 5-9 Units
Heating
Forced Air
Air Conditioning
None
Roof
Composition
School District
Seattle
Elementary School
Queen Anne
Middle School
Mc Clure Mid
High School
Lincoln High
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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