1306 S Bayview ST Active Save Request In-Person Tour Request Virtual Tour
Seattle,WA 98144
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Beacon Hill
MLS Listing ID 2440345
Style 42 - Multi-Family
Annual Tax Amount $12,083
Lot Size 7,610 Sqft
Property Sub-Type Land
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
Exterior
Utilities Available Electricity Connected,Natural Gas Available
View Y/N Yes
View Mountain(s)
Building
Lot Description Alley,Corner Lot
Sewer Available,In Street
Water Available
Schools
School District Seattle
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional