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.
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3BEDS
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0.24ACRES
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1BATHS
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01/2 BATHS
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2,160SQFT
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$509$/SQFT
Listing information ©2024 Northwest MLS. Listing courtesy of NextHome Prolific.
Mortgage Calculator is provided by BoomTown.
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.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Amanda Bennett Realty | Cascadia NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-09-12T20:16:22.69. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2024-09-12T20:16:22.69. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.