$1,250,000
Closed

8520 16th Avenue NW

Seattle, WA 98117
Courtesy of CENTURY 21 North Homes Realty
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Description

DRIVE BY ONLY. DO NOT DISTURB TENANTS. value in land. 4-plex sitting on double lot with split zoning. north parccel LR2, south parcel NC3P-55. Price includes both lots and must be sold together. As per review by architect you could build 8 townhomes w/garages-OR- 4 townhomes and 26 one bed flats and 1 commercial unit -OR- 4 townhomes and 19 flats. All plans conform with current zoning. Building is fully rented and rents are below market. Provides income stream while doing your design and permits. Best option is probably 8 townhomes. View of Olympic mountains from 2nd story. Near transit hub.New mixed use building going in on 15th NW will upgrade neighborhood.
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  • Interior Details
    • Heating & Cooling
      • Heating:Baseboard
    • Interior Features
      • Interior:Wall to Wall Carpet
  • Property Details
    • Property
      • Stories:1
      • Lot description:Paved, Value In Land
      • Exterior materials:Wood
    • Measurements
      • Acres:0.1722
      • Square Feet:2040
  • Construction Details
    • Type & Style
      • Property type:Investment
      • Architectural style:54 - 4-Plex
    • Condition
      • Year built:1956
    • Material information
      • Foundation:Poured Concrete
  • Utilities / Energy Details
    • Utility
      • Sewer information:Sewer Connected
      • Utility source:Public
      • Utility features:Sewer Connected, Electricity Available
  • Community and Neighborhood Details
    • Location
      • School district:Seattle
      • County:King
    • Community
      • Subdivision:Crown Hill
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 400, 000
      • Annual taxes:$9, 814
      • Days on Market (Cumulative):87
  • Other
    • Source
      • MLS #:1718816

Location

Erika LoweReal Estate Group
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