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Listed by Venture Real Estate Group LLC
$2,900,000
Est. payment /mo
0.28 Acres Lot
Active
7013 Seaview TER SW Seattle, WA 98136
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Lincoln Park
MLS Listing ID 2347941
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $18,135
Lot Size 0.280 Acres
Property Sub-Type Land
Property Description
Truly a one-of-kind investment/development property in highly sought after W. Seattle area. This rare 6-unit turnkey investment has water views & gorgeous sunsets along w/strong cash flow. Located in West Seattle's Gatewood area, the Seaview Terrace Apts a perfect mix of studios/1-bed/2-bed/3-bed units. Each w/own flr plan. 4 units have been renovated w/updated baths, kitchen, stainless app & new floors. W/D in all units except for small non-conforming studio. Very strong occupancy in a high demand rental mkt w/ room to increase rents to market. Exceptional development opportunity to develop 5-townhomes on the parcel, 3-bed twnhm w/garages, while maintaining income from existing 6-units. Near transit, eateries, shopping and much more.
Location
State WA
County King
Area 140 - West Seattle
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View Mountain(s), Ocean, Sound, Territorial
Garage Yes
Building
Lot Description Corner Lot, Dead End Street, Paved, Secluded
Sewer Available
Water Available, On Property, See Remarks
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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