3138 Wetmore Avenue S

Seattle, WA 98144
$1,050,000

Description

24 Unit SEDU development site located in the heart of the Mt. Baker Urban Village. With rents on the rise this is a great opportunity to build a property and achieve a high CAP. This development project is in Cycle 2 of MUP with 4 corrections pending, anticipate having MUP in hand soon. Zoned LR2(M), it is possible to abandon plans and build 6 townhomes w/o parking or 4 larger townhomes w/parking. Take over and design the permit as you see fit to finish the project. Design plans are available. There is a small house on lot that is rented out.

  • Property Details
    • Property
      • Lot description:Paved
    • Measurements
      • Acres:0.124
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Architectural style:42 - Multi-Family
  • Utilities / Energy Details
    • Utility
      • Sewer information:Available
      • Utility source:Available
      • Utility features:Natural Gas Available, Electricity Connected, Septic Design Installed
  • Community and Neighborhood Details
    • Location
      • School district:Seattle
      • County:King
    • Community
      • Subdivision:Mt Baker
  • Financial Details
    • Pricing Details
      • Original list_price:$1,050,000
      • Selling office_commission:2.5%
      • Annual taxes:$4,804
  • Other
    • Source
      • MLS #:1785462

Location

Jennifer Talbot-MantoothReal Estate Broker
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