Seattle, WA 98144,1306 S Bayview ST
Seattle, WA 98144,1306 S Bayview ST
Seattle, WA 98144,1306 S Bayview ST
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Listed by Urban Commercial Partners, LLC
$1,295,000
Est. payment /mo
5 Beds
2.5 Baths
2,820 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,820 sqft

Price per Sqft $459

Subdivision Beacon Hill

MLS Listing ID 2439670

Style 52 - Duplex

Bedrooms 5

Year Built 1954

Annual Tax Amount $12,083

Lot Size 7,610 Sqft

Property Sub-Type Multi Family

Property Description

North Beacon Hill development site, zoned LR3 urban village and situated on a 7,610 SF lot. This covered land play presents a unique income-producing development opportunity with the existing duplex that currently generates $63,000 in gross annual income, providing immediate cash flow for investors during the pre-development or entitlement process. The site supports higher density residential or mixed-use development. The zoning flexibility allows for long-term appreciation through redevelopment while retaining near-term income from the existing duplex. This dual profile makes the offering attractive to both investors seeking cash flowing assets and developers targeting urban infill opportunities.

Location

State WA

County King

Area 385 - Sodo/Beacon Hill

Interior

Fireplace false

Exterior

Exterior Feature Brick

View Y/N Yes

View Mountain(s)

Roof Type Composition

Building

Lot Description Alley, Corner Lot, 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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Northwest MLS (NWMLS)
Mike Farrell

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1306 S Bayview ST