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.
Listing details based on information submitted to the MLS GRID as of Monday, August 12, 2024 11:32 AM.
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