Bought with Pellego, Inc.
For more information regarding the value of a property, please contact us for a free consultation.
7809 Rainier AVE S Seattle, WA 98118
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
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
Read Less
"Three Trees" icon indicates a listing provided courtesy of NWMLS.