6565 5th Avenue Northeast

Seattle, WA 98115

$1,799,000
Price
4,500 / 0.10
Lot Size / Acres

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...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.
  1. Listed by Sheri A. Putzke • Windermere Real Estate/East

Property Details for 6565 5th Avenue Northeast

Community Name
Green Lake
School District
Seattle
Entry Date
04-25-2024
Sewer
On Property

Location

Listing Courtesy of Windermere Real Estate/East
Add your commute
LISTING UPDATED: 05/14/2024 12:09 PM

Property Details for 6565 5th Avenue Northeast

StatusActive
MLS #2229991
Days on Market22
Cumulative Days on Market7
Taxes$11,172 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.10 AC
CountyKing County

Location

Listing Courtesy of Windermere Real Estate/East
Add your commute

Building Information for 6565 5th Avenue Northeast

Lot Size0.10 AC

Payment Calculator

$10,749 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,818

Property Taxes

$931

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6565 5th Avenue Northeast

Summary
Location and General Information
  • Style: 42 - Multi-Family
  • Area: 705 - Ballard/Greenlake
  • Elementary School: Green Lake
  • Middle Or Junior School: Eckstein Mid
  • High School: Roosevelt High
  • 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.
  • Property Sub Type: VACL
  • Road Information: Paved
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Carport: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Exterior Features
  • Property Features: Corners Flagged
  • Road Surface Type: Paved
Property
Utilities
  • Electricity: On Property
  • Electric On Property: Yes
  • Gas Available: On Property
  • Water Source: On Property
  • Utilities: Natural Gas Available, Electricity Connected
Property and Assessments
  • Senior Exemption: No
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family,Residential
  • Water Jurisdiction: SPU
  • Zoning Remarks: LR3
  • Lot Topography: Level
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 11
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: King County
  • Parcel Number Free Text: 9528104280
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Road On Which Side: East
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 6565 5th Avenue Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6565 5th Avenue Northeast

Taxable ValueLand$1,067,000Additions$87,000Total$1,154,000
Tax Record2022$9,881 ($823 / month)
Home Facts
Beds5Baths1.5Total Finished SqFt1,810 SqFtAbove Ground SqFt1,810 SqFtStories2Lot Size4,500 SqFtStyleSingle Family ResidenceYear Built1921ZoningLR3 (M)CountyKINGAPN952810-4280Fireplace TypeHas Fireplace

Schools near 6565 5th Avenue Northeast

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Green Lake Elementary School
PublicPK to 5

Eckstein Middle School
Public6 to 8

Roosevelt High School
Public9 to 12

McDonald International School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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6565 5th Avenue Northeast is a 0.10 ac of land for sale in Seattle, WA 98115. This property was listed for sale on April 25, 2024 by Windermere Real Estate/East, it's currently listed at $1,799,000. It has been on the market for a total of 22 days and was last sold on March 10, 2022. This listing's school district is Seattle Public Schools. Nearby schools include Green Lake Elementary School, Eckstein Middle School and Roosevelt High School. 6565 5th Avenue Northeast is a 0-bed, 0-bath, 0.10 ac of land on a 4,500 sq. ft. / 0.10 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Real Estate/East

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.