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8520 16th Avenue NW

Seattle, WA 98117
  • $1,350,000
  • STATUS: Pending
  • ON SITE: 278 Days
  • ID#: 1718816
Under Contract
UPDATED: 238 min ago
$1,350,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,040
    SQFT
  • $662
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

School District:
Listing Courtesy of Century 21 North Homes Realty.

Description

DRIVE BY ONLY. DO NOT DISTURB TENANTS. value in land. 4-plex sitting on double lot with split zoning. north parccel LR2, south parcel NC3P-55. Price includes both lots and must be sold together. As per review by architect you could build 8 townhomes w/garages-OR- 4 townhomes and 26 one bed flats and 1 commercial unit -OR- 4 townhomes and 19 flats. All plans conform with current zoning. Building is fully rented and rents are below market. Provides income stream while doing your design and permits. Best option is probably 8 townhomes. View of Olympic mountains from 2nd story. Near transit hub. New mixed use building going in on 15th NW will upgrade neighborhood.

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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 Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-26T00:15:28.997.

www.recordrre.com/homes/113445644
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8520 16th Avenue NW Seattle, WA 98117

  • Price: $1,350,000
  • Status: Pending
  • Updated: 238 min ago
  • ID#: 1718816
0
Beds
0
Baths
0
½ Baths
0.17
Acres
2,040
SQFT
$662
$/SQFT
1956
Built
Neighborhood:
Crown Hill
County:
King
Area:
Ballard/Greenlake
School District:
Seattle
Property Description
DRIVE BY ONLY. DO NOT DISTURB TENANTS. value in land. 4-plex sitting on double lot with split zoning. north parccel LR2, south parcel NC3P-55. Price includes both lots and must be sold together. As per review by architect you could build 8 townhomes w/garages-OR- 4 townhomes and 26 one bed flats and 1 commercial unit -OR- 4 townhomes and 19 flats. All plans conform with current zoning. Building is fully rented and rents are below market. Provides income stream while doing your design and permits. Best option is probably 8 townhomes. View of Olympic mountains from 2nd story. Near transit hub. New mixed use building going in on 15th NW will upgrade neighborhood.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features PavedValue In Land Lot Size Dimensions 75 X 100 Open Parking Spaces 7 Open Parking YN Yes Parking Total 7 Parking Uncovered Spaces 7 Roof Flat Structure Type Quadruplex Style Code 54 - 4-Plex View YN No Waterfront YN No

Interior Features

Building Area Total 2040 Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Electric On Property YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 24734 New Construction YN No Possession Closing Possible Use Multi-Family Power Production Type Electric Property Condition Fair Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 9814 Tax Year 2020 Utilities Sewer ConnectedElectricity Available Water Company City Seattle Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Engel & Völkers Federal Way and should be verified by the buyer.


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 Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-26T00:15:28.997.

 
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Engel & Völkers Federal Way
2012 S. 320th St. Suite A
Federal Way WA, 98003
Listing Courtesy of Century 21 North Homes Realty.