Bought with Keller Williams Realty PS
$1,750,000
$1,750,000
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7,680 Sqft Lot
SOLD DATE : 05/02/2025
Key Details
Sold Price $1,750,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Capitol Hill
MLS Listing ID 2189315
Sold Date 05/02/25
Style 42 - Multi-Family
Annual Tax Amount $12,003
Lot Size 7,680 Sqft
Property Sub-Type Land
Property Description
Development opportunity! Builder alert! LR1 Zoning allows for 6 townhomes or 24 to 25 mini unit apartments. Total building square footage 9,984. Each townhome could be up to 1,664 square feet. Presently two rental homes on property. Do not disturb tenants. Front house is 3110 square feet with basement. Back house is 600 square feet. Total rental income is $5,550. Leave tenants in while you get permits for income. No sign on property. Buyer to verify all information and buyer to do all feasibility work.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N No
Building
Lot Description Curbs, Paved, Sidewalk
Sewer On Property
Water On Property
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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126 Newman Creek Rd, Elma, Washington, 98541, USA