3910 NE 51st ST new to site

Seattle,WA 98105

$ 1440000

9 Beds

4 Baths

2760 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,760 sqft

Price per Sqft $521

Subdivision Seattle

MLS Listing ID 2352451

Style 52 - Duplex

Bedrooms 9

Year Built 1944

Annual Tax Amount $11,992

Lot Size 4,800 Sqft

Property Sub-Type Multi-Family

Property Description

Located in Seattle's sought-after 98105 zip code, this covered land play features a fully occupied duplex generating $55K in annual net income, with preliminary plans for five townhomes averaging 1,344 SF each. Positioned just 1.1 miles from UW and minutes from the light rail, top-rated schools, and major employers like Amazon and Google, the site offers both immediate rental income and long-term development potential. With projected townhome sales exceeding $1.15M per unit and expedited permitting expected, this is a rare chance to invest in one of Seattle's fastest-growing neighborhoods.

Location

State WA

County King

Area 390 - Central Seattle

Exterior

Exterior Feature Stucco

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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