Active
  • Listed by: 

    Alan Wileman,

    Pacific Crest,

    Alfred Anderson,

    Pacific Crest

    $2,650,000

    1809 5th Avenue N, Seattle, WA 98109

    8beds
    7baths
    13,200sqft
    : 
    Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $201/sqft
    $-- HOA

    What's special

    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.
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