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.
Active
Listed by:
Tyler J. Bretz,
Urban Commercial Partners, LLC,
Jason Elrod,
Urban Commercial Partners, LLC
$1,295,000
1306 S Bayview Street, Seattle, WA 98144
5beds
3baths
2,820sqft
Est.:
Duplex
Built in 1954
-- sqft lot
$1,259,200 Zestimate®
$459/sqft
$-- HOA
What's special
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