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Listed by:Windermere Real Estate Midtown • Dan Wilcynski
$1,099,000
Est. payment /mo
6,358 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Pending
Purchase Type For Sale
Subdivision Columbia City
MLS Listing ID 2501551
Style 42 - Multi-Family
Annual Tax Amount $7,909
Lot Size 6,358 Sqft
Property Sub-Type Land
Property Description
Investor opportunity in the heart of Columbia City. Bring your vision. This 6,358 square foot lot with an existing spacious vintage craftsman offers two clear paths: renovate the classic home and add density behind it, or build new by taking advantage of the permit-ready 6-unit townhome project already designed by Cone Architecture. Choose to renovate and you'll find the existing home offers the bones to create something special, featuring a functional main-floor layout, three bedrooms upstairs, and an unfinished basement adding further upside. The back yard offers ample space to build 2-3 new homes, providing the option to take your investment to the next level. Alternatively, choose to start fresh with a brand new townhome community, featuring everything the modern new construction buyer is seeking - large 3-4 bedroom floorplans, roof top decks and parking for all homes. Whichever direction suits your model, location is a proven draw: near Columbia City Link Light Rail, PCC Community Markets, and the Rainier Ave S retail and dining corridor. Whether you're penciling a rehab + added density play or a full ground-up redevelopment, the lot size, location and permit-ready plans create one of the stronger value-add opportunities to hit Columbia City in a while. Full architectural and structural plans available on request. Reach out today for more information or to book a site visit!
Location
State WA
County King
Area 385 - Sodo/Beacon Hill
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N No
Building
Lot Description Curbs, Paved, Sidewalk
Sewer On Property
Water Available, On Property
Schools
Elementary Schools Hawthorne
Middle Schools Aki Kurose
High Schools Franklin High
School District Seattle
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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