9025 46th Avenue S, Seattle WA, 98118
(Active)
$685,000
|
|
MLS# 2181915
Last Updated: 5/8/2024 6:52 PM
Description for
9025 46th Avenue S
Seattle, WA 98118
The Rainier Beach Development Site is a 6,500-square-foot lot, zoned LR3 (M2) and located in an Urban Village, and is permit-ready for 42 apartment units. The property can also be converted into a luxury townhouse development. The site is for offer at an attractive $169 per square foot with seller financing available. This transit-orientated development site requires no parking, allowing the developer to maximize the square footage of the lot. The property boasts a walk score of 81 and is within a 5-minute walking distance of the Light Rail Station, Rainier Beach Community Center, Safeway, etc. Additionally, being in an opportunity zone opens up certain tax incentives for the owner. Favorable Seller Financing Available.
Price
$685,000
Rainier Beach
King
2181915
Active
Description
The Rainier Beach Development Site is a 6,500-square-foot lot, zoned LR3 (M2) and located in an Urban Village, and is permit-ready for 42 apartment units. The property can also be converted into a luxury townhouse development. The site is for offer at an attractive $169 per square foot with seller financing available. This transit-orientated development site requires no parking, allowing the developer to maximize the square footage of the lot. The property boasts a walk score of 81 and is within a 5-minute walking distance of the Light Rail Station, Rainier Beach Community Center, Safeway, etc. Additionally, being in an opportunity zone opens up certain tax incentives for the owner. Favorable Seller Financing Available.
Listing Information
| Property Type: Land, Other | ||
| 0.15 Acres | Residential | |
Rainier Beach
Natural Gas Available, Electricity Available
Neighborhood
School Information
| District: Seattle | ||
Room Information
Interior Features
Other,
None
Exterior / Lot Features
City, Lake
LR3 (M2) / Urban Village
Level
Paved
Driving Directions
Going South on Rainier Ave S, Turn Right (West) onto S Henderson St, Turn Left (South) onto 46th Ave S. Subject Property will be on the Right.
Financial Considerations
| 2122700006 |
Conventional
Listing Price History
Seattle Real Estate
Seattle is located in Washington. Seattle, Washington 98118 has a population of 758,862.
The median household income in Seattle, Washington 98118 is $87,093. The median household income for the surrounding county is $102,088 compared to the national median of $66,222. The median age of people living in Seattle 98118 is 41 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/24/2024 | Active | $685,000 USD |
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| 2/27/2024 | Pending | $685,000 USD |
|
| 2/26/2024 | Active | $685,000 USD -37.73% |
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| 11/22/2023 | Active | $1,100,000 USD |
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