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Seattle,WA 98109
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,107 sqft
Price per Sqft $340
Subdivision South Lake Union
MLS Listing ID 2427483
Style 54 - 4-Plex
Bedrooms 3
Year Built 1909
Annual Tax Amount $13,642
Lot Size 3,593 Sqft
Property Sub-Type Multi Family
Property Description
Rare investment opportunity in South Lake Union w/ existing 4-Plex & mixed use zoning-ideal for owner/user! Located in Seattle's tech-sector neighborhood, property is one of the few remaining residential development parcels in the area, offering a myriad of options: retain rentals as residential/business/retail units & potentially add up to 3 townhomes on parking surface area; redevelop site w/ 6 townhome units or denser multifamily project--generate income from existing fourplex while awaiting permits. Vacant land next door also for sale: with the two parcels combined, offer even more development opportunities. The neighborhood offers desirable work/life balance with a 99 walk score & nearby transit & I-5. Five on-site parking spaces!
Location
State WA
County King
Area 700 - Queen Anne/Magnolia
Interior
Flooring Ceramic Tile,Hardwood,Softwood,Vinyl,Vinyl Plank
Fireplace false
Exterior
Exterior Feature Metal/Vinyl,Wood
Amenities Available Cable TV,Fenced-Partially,High Speed Internet
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Alley,Curbs,Paved,Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out,Conventional,Rehab Loan
Listing Terms Cash Out,Conventional,Rehab Loan