Bought with ZNonMember-Office-MLS
$1,770,000
$2,275,000
22.2%For more information regarding the value of a property, please contact us for a free consultation.
7350 Martin Luther King Jr Way S Seattle, WA 98118
2 Beds
1 Bath
1,470 SqFt
Key Details
Sold Price $1,770,000
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 1,470 sqft
Price per Sqft $1,204
Subdivision Rainier Valley
MLS Listing ID 1681711
Style 16 - 1 Story w/Bsmnt.
Bedrooms 2
Full Baths 1
Year Built 1926
Annual Tax Amount $5,604
Lot Size 7,192 Sqft
Property Description
Prime Development Site in Othello. Walkable to Othello Light Rail Station. Upzoned to NC3P-95 allowing up to 95 feet 9-story with no parking requirement. Permit is started and MUP issued for a 7-story + basement mixed use building. 55 SEDU, 24 APT units totaling 79 residential units plus 2 commercial. An estimated 43,315 GSF. Great flexibility to start the project promptly or hold with current rental agreement.
Location
State WA
County King
Area 380 - Southeast Seattle
Interior
Flooring Ceramic Tile, Hardwood, Carpet
Fireplaces Number 1
Exterior
Exterior Feature Wood
Garage Spaces 1.0
Utilities Available Sewer Connected, Electricity Available, Oil
Waterfront No
View Y/N Yes
View City, Territorial
Roof Type Composition
Building
Lot Description Curbs, Sidewalk
Story One
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Acceptable Financing Conventional, FHA, USDA Loan, VA Loan
Listing Terms Conventional, FHA, USDA Loan, VA Loan
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