Bought with Kidder Mathews
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2919 Franklin AVE E Seattle, WA 98102
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Key Details
Sold Price $2,525,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,224 sqft
Price per Sqft $307
Subdivision Eastlake
MLS Listing ID 2011030
Sold Date 07/10/23
Style 56 - 10+ Units
Year Built 1927
Annual Tax Amount $33,865
Lot Size 10,450 Sqft
Lot Dimensions 10450
Property Description
Unique value-add and redevelopment opportunity packaged into one deal. Brentwood features 12 existing units combined with a 4 unit permitted and shovel-ready townhome development located two blocks from the lake in Eastlake. Opportunity to build the townhomes and sell them off individually, or rent them along with the existing 12-unit to increase total rental income to $500,000. Sale includes all plans and permits for the townhomes. See marketing flyer in supplements for more information.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Interior Features Radiator
Fireplace false
Exterior
Exterior Feature Brick, Wood
Waterfront No
View Y/N Yes
View City, Lake, Territorial
Roof Type Composition
Building
Lot Description Cul-De-Sac, Paved, Sidewalk, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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