Listing provided by NWMLS, courtesy of Windermere Real Estate M2 LLC

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Pending
$2,270,000
/mo   Edit
MLS# 1520420
Lot/Land
0.115 acres
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    Description:   DRB Approved! Building permits in process apx approval 5/2020. Almost Ready to build 35 mix units of SEDU & EDU including 2 luxury top floor view units. Plans & Permits included. Be the 1st to construct 1 of a kind exclusive designed building under Seattle's new 8 story buildings. Currently 5 units annual GI $82, 140 & Will need torn down before construction starts. Great location minutes to UW Campus & UW Hospital, I-5 Link Light Rail Station, quick access to downtown Seattle. Proforma CAP 4.5%

    Utilities

    Water: On Property
    Electricity: On Property
    Gas: Available
    Sewer: Available, On Property

    Location

    City: Seattle
    State: WA
    Zip Code: 98105
    Area: 710
    County: King
    School District: Seattle
    Latitude: 47.65779600
    Longitude: -122.31856400

    School

    School District: Seattle

    Lot

    View: Golf Course, Lake, Mountain, Territorial
    Lot Details: Alley, Corner Lot, Curbs, Paved Street, Sidewalk
    Lot Sq Ft: 5,000 ft²
    Topography: Level
    Block: 6
    Lot Dimensions: 47 X
    Lot Number: 28 & 29

    Site

    Community Name: University District
    General Zoning Classification: Commercial, Farm & Ranch, Multi-Family, See Remarks
    Zoning Jurisdiction: City
    Road Information: County Maintained
    Road on Which Side of Property: S & E

    Rent

    Terms: Cash Out, Conventional

    Finance & Taxes

    Tax Expense: None
    Tax Year: 2019

    Other

    Project: UW/Rift Apartment Building

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    Listing provided by NWMLS, courtesy of Windermere Real Estate M2 LLC