$495,000
For Sale

8649 Renton Avenue S

Seattle, WA 98118
Listing OfficeWindermere R E Mount Baker
Browse 10 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Opportunity awaits in this LR2 zoned property in the Rainier Beach Urban Village zone, just 1.5 blocks from the Link Light Rail Station. Bring your vision to this one level rambler and reap the benefits of owning in this soon to be expanding neighborhood ripe for development. A great chance for the savvy investor or first time home buyer to gain some equity as the area is reinvented. Garden Space and lots parking. Super convenient location for commuters! Preliminary feasibility study says this property may support a small apartment development of 15-20 units. It would also support a small townhouse project. Rent it out while awaiting permits and development.

  • Property Details
      • Utility FeaturesElectricity Connected
      • High SchoolRainier Beach High
      • Style42 - Multi-Family
      • Date ListedOctober 03, 2024
      • Lot DescriptionCurbs, Paved
      • SubdivisionRainier Beach
      • Structure TypeMulti Family
      • Sewer InformationOn Property
      • Utility SourceOn Property
      • Middle SchoolAki Kurose
      • Property TypePurchase
      • Original List Price$522,000
      • School DistrictSeattle
      • MLS #2298413
      • MLS #2298413
      • Elementary SchoolDunlap
      • Taxes Annual$3,838
      • Cost495000
      • Acres0.109
      • CountyKing
      • Property SubtypeLand
      • Days on Market (Cumulative)95
Brad Wakeman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

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