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5050 Martin Luther King Jr Way SSeattle, WA 98118Price: $2,100,000

  • Price: $2,100,000
  • Est. Mortgage of $/month
  • 156 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,100,000List Price
  • 0.14Acreage
  • 2,736Square Feet
Listed by Jim Conlan and Ross Daniel of CENTURY 21 North Homes Realty
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Best value is in the land. Zoned LR3 RC(M). Permits in process to build 5 townhomes on back of property plus a 10 unit street facing apartment building with 2 ground floor commercial spaces. Permits will be included in the price. Property will provide a nice income stream until you are ready to develop. Existing 4-plex has been updated with 4 identical 1 bdrm units plus an unfinished basement with laundry area and room to potentialy add another unit. Seller in process of installing a new roof. Plenty of parking in the back. Light rail station is only 2 blocks away. Architectual renderings available by request.

Property Details of 5050 Martin Luther King Jr Way S

Property Details

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Listing data courtesy of NWMLS as provided by MLS Grid as of July 18, 2024 11:34 PM EDT . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website.

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