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Listed by Urban Commercial Partners, LLC
$1,295,000
Est. payment /mo
5 Beds
2.5 Baths
2,820 SqFt
New
1306 S Bayview ST Seattle, WA 98144
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,820 sqft
Price per Sqft $459
Subdivision Beacon Hill
MLS Listing ID 2439670
Style 52 - Duplex
Bedrooms 5
Year Built 1954
Annual Tax Amount $12,083
Lot Size 7,610 Sqft
Property Sub-Type Multi Family
Property Description
North Beacon Hill development site, zoned LR3 urban village and situated on a 7,610 SF lot. This covered land play presents a unique income-producing development opportunity with the existing duplex that currently generates $63,000 in gross annual income, providing immediate cash flow for investors during the pre-development or entitlement process. The site supports higher density residential or mixed-use development. The zoning flexibility allows for long-term appreciation through redevelopment while retaining near-term income from the existing duplex. This dual profile makes the offering attractive to both investors seeking cash flowing assets and developers targeting urban infill opportunities.
Location
State WA
County King
Area 385 - Sodo/Beacon Hill
Interior
Fireplace false
Exterior
Exterior Feature Brick
View Y/N Yes
View Mountain(s)
Roof Type Composition
Building
Lot Description Alley, Corner Lot, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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