$759,000
For Sale

9025 46th Avenue S

Seattle, WA 98118
Listing OfficeFleet Home Sales
Type:Purchase
Structure:Land
Zone:Residential

Description

Originaly listed for $1,!00,000. 41 unit apartment Build or upscale townhouses with conversion permit completed #3036645-LU. MFTE property Has a tax exemption which provides 12 years exemption from property tax on the improvements building lot for 41 unit apartment building. Property may qualifies for Seattle Office of Housing affordable housing program & Amazon Housing Equity Fund. Recently purchased by a local developer who became ill and can not complete the project. Bids in from local constructions companies for development. All prints , permits are connections are availible. Easy win for the right builder developer.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • Style40 - Res-Less thn 1 Ac
      • SubdivisionRainier Valley
      • Date ListedApril 03, 2025
      • Structure TypeUnspecified
      • Sewer InformationIn Street
      • Utility SourceAvailable
      • Property TypePurchase
      • Original List Price$759,000
      • School DistrictSeattle
      • MLS #2355200
      • MLS #2355200
      • Acres0.1377
      • Taxes Annual$2,400
      • Cost759000
      • CountyKing
      • Property SubtypeLand
      • Days on Market (Cumulative)1

Location

Jay YoungReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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