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Listings for Ross Daniel

5050 Martin Luther King Jr Way S Seattle WA 98118

MLS Number 2199553

  • Multi Family Residential Income
  • Units 4
  • Square Feet 2,736
  • Acreage 0.14
  • Year Built 1951

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.

Listed by CENTURY 21 North Homes Realty

$
$
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$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 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.

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5050 Martin Luther King Jr Way S Seattle WA 98118

MLS Number 2200508

  • Land
  • Acreage 0.14
  • Zoning LR3 RL(M)

Permitting in progress for 5 townhomes and a 10 unit apartment bldg with 2 commercial spaces on the ground floor. Price includes permit and all architectural drawings. Currently there is a 4 plex on the property generating $6,100/mo in rent. Possible to build 9 townhomes instead of the comb. of townhomes + apt bldg.

Listed by CENTURY 21 North Homes Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 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.

Save FavoriteSchedule TourAsk A QuestionMore Details

 Listing data courtesy of NWMLS as provided by MLS Grid as of February 28, 2024 6:27 AM EST . 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.