Originaly listed for $1,!00,000. Master Permit in place #3036645-LU. with expiriation date of 09/2028. Sale included, land, permits, plans and engneering for 5 story 41 unit Apartment Building, or upscale townhouses with condo permit conversion. This is a MFTE property which has a tax exemption of 12 years. Property may qualifies for Seattle Office of Housing affordable housing program & Amazon Housing Equity Fund. Recently purchased by a local developer who became ill and can not complete the project. Bids in from local constructions company for development. All prints , permits and connections are availible. Easy win for the right builder developer.
MLS# | 2355200 |
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Listing Type | For Sale |
Style | Farm or Ranch |
Building Name | DUNLAPS HALF ACR |
Sub-Type | Resale |
Status | Active |
Days On Site | 25 |
Listing Provided By | Fleet Home Sales | Michael N. Burns |
Zoning | m2 L3 |
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Acreage | 0.14 |
State | WA |
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County | King |
City | Seattle |
Zip Code | 98118 |
Area | 380 Southeast Seattle |
Community Name | Rainier Valley |
School District | Seattle |
Listing VS Median (in Rainier Valley) | |
Price: $749,000 low | high Med: $547,000 On site: 25 low | high Med: 60.500000 |