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Property Description
Opportunity knocks with a prime development property located in the vibrant Rainier Beach neighborhood. This flat 10,480 sqft lot w/ LR3 RC zoning offers immense potential for future growth. A brief feasibility study suggest the best use is 9 spacious townhomes. The property currently features a livable home occupied by a reliable tenant, generating $2,300 monthly rent. Located on a bustling bus line, the site offers convenient access to downtown Seattle and the light rail, making it attractive for commuters. Enjoy nearby amenities such as the Rainier Beach Community Center, parks, and trails. Additionally, the flourish on Rainier development, which includes townhomes, apartments & community spaces, underscores the area's growth potential.
Listing Details
| Price | $1,000,000 (sold: 11/8/2024) |
|---|---|
| Bedrooms | 3 Beds |
| Bathrooms | 1 Full Bath |
| Year Built | 1911 |
| Property Type | Residential |
| Listing # | 2267021 |
| Status | Sold |
| Listing Type | For Sale |
Interior Features
| Square Feet | 1,080 |
|---|
Exterior Features
| Lot Size | 0.24 acres |
|---|
Community Information for Seattle, WA 98118
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Community overview information from Home Junction Inc.
| Schools near Seattle, WA 98118 | Type | Students | Rating |
|---|---|---|---|
Torah Academy of the Pacific Northwest
5305 52nd Ave S, Seattle, WA 98118
206.531.0089 |
Private | 14 | |
Derech Emunah
5142 S Holly St, Seattle, WA 98118
206.402.6621 |
Private | 11 | |
Derech Emunah Dba Seattle Jewish Girls High School
5142 S Holly St, Seattle, WA 98118
206.402.6621 |
Private | 11 | |
Seattle Nativity School
4200 S Mead St, Seattle, WA 98118
206.494.4708 |
Private | 75 | |
Rainier Valley Leadership Academy
6020 Rainier Ave S, Seattle, WA 98118
206.659.0956 |
Public, Charter, Title I | 158 | |
Interagency Open Doors
3528 S Ferdinand St, Seattle, WA 98118
206.252.0010 |
Public, Title I | 145 | |
Alan T. Sugiyama High School
8601 Rainier Ave S, Seattle, WA 98118
206.252.6600 |
Public, Title I | 40 | |
South Shore PK-8 School
4800 S Henderson St, Seattle, WA 98118
206.252.7600 |
Public, Title I | 602 | |
Wing Luke Elementary School
3701 S Kenyon St, Seattle, WA 98118
206.252.7630 |
Public, Title I | 306 | |
Rainier Beach High School
8815 Seward Park Ave S, Seattle, WA 98118
206.252.6350 |
Public, Title I | 781 |