118 27th Avenue S, Seattle, WA 98144

$1,150,000

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Listing courtesy of Keller Williams Realty Bothell.

List Price
$1,150,000
Status
ACTIVE
MLS#
2549317
Days on Market
24
Lot Size (sq ft)
4,900

Property Description

Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Purchase price includes the price of the permits.

Additional Information

Community
Judkins
Style
42 - Multi-Family
Zoning Jurisdiction
City
Restrictions
No Restrictions
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Territorial
Sewer
On Property
Tax Year
2026
School District
Seattle
Elementary School
Leschi
High School
Garfield High
Potential Terms
Cash, Conventional, FHA
Driving Directions
Use google maps: 118 27th Ave S, Seattle, WA 98144
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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