9253 51st Avenue S, Seattle, WA 98118 | MLS 1815335 | Listing Information | Listings.com: Homes for Sale, Home Values, MLS Search
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FOR SALE
$849,000

9253 51st Avenue S
Seattle, WA 98118

Multi-Family
Residence
2,340
Sq. Ft.
0.1263
Acre Lot
1of
Photos
Map
Courtesy: L4 Realty
Listings> Washington> Seattle> 98118
STABILIZED DUPLEX W/ ADDITIONAL LAND... FINAL PERMITS IN HAND! Renovated duplex w/ stable cash flow AND fully permitted for two townhomes! Located in Opportunity Zone for tax benefits. Existing duplex fully renovated with long term tenants; no vacancy/turnover or rent loss in over 3 years. Main level (Unit A) features 4BR 2BA. Upper (Unit B) features 2BR 1BA. Both units have kitchens w/ stainless steel appliances, quartz countertops & W/D. Additional land is in rear of lot. Final permits received from City of Seattle to build two 4BR townhomes for added value. Pricing is derived from a 5.8% cap rate on existing duplex, plus $100K entitled land value for each of the townhouse units. No delay waiting for permits, build now to unlock value!
1815335
Multi-Family, 3+ Story
King
1927
0.1263 Acres
Public
3
Wood
Available
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