Seattle, WA 98118,7809 Rainier AVE S
Seattle, WA 98118,7809 Rainier AVE S
Seattle, WA 98118,7809 Rainier AVE S
7
Listed by NextHome Prolific
Bought with Pellego, Inc.
$1,000,000
$1,100,000
9.1%
Est.Price: ?

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10,480 Sqft Lot

7809 Rainier AVE S Seattle, WA 98118

Est. payment /mo
SOLD DATE : 11/08/2024

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Key Details

Sold Price $1,000,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision Brighton

MLS Listing ID 2269356

Sold Date 11/08/24

Style 40 - Res-Less thn 1 Ac

Annual Tax Amount $8,903

Lot Size 10,480 Sqft

Property Description

Opportunity knocks with a prime development property located in the vibrant Rainier Beach neighborhood. This flat 10,480 sqft lot w/ LR3 RC zoning offers immense potential for future growth. A brief feasibility study suggest the best use is 9 spacious townhomes. The property currently features a livable home occupied by a reliable tenant, generating $2,300 monthly rent. Located on a bustling bus line, the site offers convenient access to downtown Seattle and the light rail, making it attractive for commuters. Enjoy nearby amenities such as the Rainier Beach Community Center, parks, and trails. Additionally, the flourish on Rainier development, which includes townhomes, apartments & community spaces, underscores the area's growth potential.

Location

State WA

County King

Area 380 - Southeast Seattle

Interior

Fireplace false

Exterior

Utilities Available Electricity Connected, Natural Gas Available

Waterfront No

View Y/N No

Building

Lot Description Curbs, Paved, Sidewalk

Sewer On Property

Water On Property

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

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