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.
Sold
Listed by:
Winslow Thomas Lee,
Kidder Mathews
$2,525,000
2919 Franklin Avenue E, Seattle, WA 98102
--beds
--baths
8,224sqft
Multi Family
Built in 1927
-- sqft lot
$2,930,600 Zestimate®
$307/sqft
$2,446 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 05, 2024 at 05:46am
Listed by:
Winslow Thomas Lee,
Kidder Mathews
Bought with:
Winslow Thomas Lee
Kidder Mathews
Source: NWMLS,MLS#: 2011030

Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Features
- Has fireplace: No
Interior area
- Total structure area: 8,224
- Total interior livable area: 8,224 sqft
Property
Parking
- Total spaces: 14
- Parking features: Open
- Uncovered spaces: 14
Features
- Patio & porch: Radiator
- Has view: Yes
- View description: City, Lake, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 10,450 sqft
- Dimensions: 10450
- Features: Cul-De-Sac, Paved, Sidewalk, Value In Land
Details
- Parcel number: 1959702650
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 1927
- Major remodel year: 1927
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: SPU
- Water: Public, Company: SPU
Community & neighborhood
Location
- Region: Seattle
- Subdivision: Eastlake
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 757 days
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$2,930,600
2% more+ $58,612
With Zillow Showcase(estimated)
$2,989,212