8052 16th Avenue NW, Seattle, WA 98117

$785,000
2
BD
1
BA
1,055
SqFt

Listing courtesy of TEC Real Estate Inc.. Selling Office: TEC Real Estate Inc..

Sold Price
$785,000
List Price
$899,000
Status
SOLD
MLS#
2203988
Closing Date
May 16, 2024
Days on Market
48
Bedrooms
2
Finished SqFt
1,055
Area Total SqFt
1055
Annual Tax Ammount
5400
Lot Size (sq ft)
4,249
Sewer
Sewer Connected

Property Description

Prime Investment Opportunity! An exceptional opportunity in Crow Hill neighborhood! This ready-to-build lot presents an enticing prospect for developers and investors alike. 4 Rooftop Townhomes of 1220 SF, 1377 SF, 1660 SF this one has a garage, and 1361 SF. This property offers versatility and potential for lucrative returns. We have navigated the building permit process and are available, once the MHA fee is paid. With all the groundwork laid, the path to building these townhomes is ready to be embarked upon. The only outstanding requirement for the buyer is to cover the MHA fee, approximately $139k. Don't miss out on the chance to capitalize on the immense potential of this ready-to-build lot. Value on Land.

Additional Information

Community
Crown Hill
Style
10 - 1 Story
Year Built
1942
Roof
Composition
Tax Year
2021
School District
Seattle
Potential Terms
Cash Out, Conventional
Driving Directions
Take the exit toward N 85th St /Greenwood Ave. turn NW 80th St. Turn left onto 16th Ave NW. 8052 16th Ave NW will be on your right.
Energy Source
Electric
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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