MLS #2440345 / Listing provided by NWMLS & Urban Commercial Partners, LLC.
$1,295,000
1306 S Bayview Street
Seattle,
WA
98144
North Beacon Hill development site, zoned LR3 urban village and situated on a 7,610 SF lot. This covered land play presents a unique income-producing development opportunity with the existing duplex that currently generates $63,000 in gross annual income, providing immediate cash flow for investors during the pre-development or entitlement process. The site supports higher density residential or mixed-use development. The zoning flexibility allows for long-term appreciation through redevelopment while retaining near-term income from the existing duplex. This dual profile makes the offering attractive to both investors seeking cash flowing assets and developers targeting urban infill opportunities.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: No
- Cooling: No
Lot Details
- Lot Features: Alley, Corner Lot
- Acres: 0.1747
Schools
- High School District: Seattle
Lot Details
- Lot Features: Alley, Corner Lot
- Acres: 0.1747
Water, Sewer, and Garbage
- Sewer: Available, In Street
- Water Source: Available
Marlene Murphy
Broker | REALTOR®
Send Marlene Murphy an email