1809 5th Avenue N

Seattle, WA 98109

  • Bed

  • Bath

  • 13200 SqFt

  • 29 DOM

  • Built: 1940

  • Status: Active

$2,650,000

X

1809 5th Avenue N

Seattle 98109

$2650000

  • Bed

  • Bath

  • 13200 SqFt

  • 29 DOM

  • Built: 1940

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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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