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Listed by Paragon Real Estate Advisors
$ 2,300,000
Est. payment /mo
New
18449 1st AVE S Normandy Park, WA 98148
16 Beds
18 Baths
15,781 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,781 sqft
Price per Sqft $145
Subdivision Normandy Park
MLS Listing ID 2400365
Style 56 - 10+ Units
Bedrooms 16
Construction Status Under Construction
Year Built 2019
Annual Tax Amount $27,418
Lot Size 0.314 Acres
Property Sub-Type Multi Family
Property Description
Partially completed (75%) mixed-use apartment building located in the excellent community of Normandy Park. Normandy Park is one of the fastest growing suburbs in King County and is well-positioned for success with high rental demand and very little nearby new construction. Approx 2,596 SF of commercial space on the 1st floor that has been divided into 6 live-work units offering flexibility. The 2nd and 3rd floors are comprised of 6 large, condo-style residential units with a total of approx. 7,000 SF. The large 13,673 SF lot has 18 off-street parking stalls, two of which are ADA accessible. The flexibility and short timeline to finish a new product makes this a very unique and lucrative opportunity for the future owner.
Location
State WA
County King
Area 130 - Burien/Normandy Park
Interior
Fireplace false
Exterior
Exterior Feature Cement Planked, Wood Products
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction Yes
Construction Status Under Construction
Schools
School District Highline
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.