BUILDER, DEVELOPER & INVESTOR OPPORTUNITY IN MAGNOLIA! Bring your vision & unlock the potential of this LR1(M)-zoned property offering multiple paths to create value in one of Seattle’s most desirable & established neighborhoods. Renovate & reposition the existing residence for a compelling flip, transform it into a long-term investment, or… Read More explore redevelopment opportunities under Seattle’s Lowrise Multifamily zoning. The existing home provides a substantial footprint w/walls of windows, abundant natural light, territorial views & a flexible layout featuring 2 bedrooms on the main + 2 on the lower level. Separate lower-level entrance adds versatility for future use, while Trex decking, patio, fenced yard & driveway parking for up to 4 vehicles provide additional upside. For builders & investors, the opportunity is the combination of multifamily zoning, existing improvements & a Magnolia location where finished housing commands attention. Create value through renovation or evaluate a new vision for the site—the optionality is the story. Minutes to Fishermen’s Terminal, Discovery Park, Ballard, Queen Anne, Downtown Seattle, shopping, dining & major commuter routes. FIX IT. FLIP IT. HOLD IT. REDEVELOP IT. An opportunity to manufacture value rather than pay retail for someone else’s finished project. Sold AS-IS. Buyer Read Less
Listing courtesy of RexMont Real Estate
Listing Snapshot
Cumulative Days On Market
23
Days on Website
23
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
2,080
Lot Size
0.09 Acres
Year Built
1911
Property Tax
$9,051
MLS Number
2578926
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator, Stove(s)/Range(s)
Basement
Daylight, Finished
Building
Built in 1911, Built in 1911 (effective), Living area: 2080, Levels: One, Entry location: Main, Construction Materials: Wood
Community
Park, Trail(s)
Exterior Features
Wood Products
Fireplaces
1 fireplace
Floors
Hardwood, Vinyl, Carpet
Foundation
Poured Concrete
Heating
Forced Air
Home Owner's Association
Association Fee: $0
Interior Features
Dbl Pane/Storm Window, Dining Room, Fireplace
Lot
0.0861 acres, Corner Lot, Curbs, Open Space, Paved, Secluded, Sidewalk, Topography: Level, Garden Space
Parking
4 total parking spaces, Attached Carport, RV Parking
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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