Listing courtesy of Windermere Real Estate/CIR 360-387-4663
$999,000
Prime investment opportunity in Shoreline with highly sought-after MUR70 (7 stories) zoning with city incentives for an affordable housing development. Located in the heart of Shoreline and a few blocks from the new light-rail station, I-5, Hamlin Park, Jackson Park golf course and Shoreline High School makes this a centralized… Read More and optimal location. The large lot size offers strong future investment potential, while the existing move-in ready home provides flexibility for investors to rent out or a primary home for owners who can secure land value for future developers to pursue. Current home is situated on a well-maintained landscaped lot and offers 3 bedrooms, 2 bathrooms and approx 1,360 square feet. Rare versatile four car detached garage in the back offers options for storage, shop or home office. Large lot size offers future potential to sell to developers for significant value and a great return on investment. Recent developer assemblage quotes of $135-140 per land square foot, this lot is 10,141 sq ft giving a potential 30-40% future return. A unique and intriguing investment opportunity that doesn't come around often. Multiple neighboring homes have an option to be grouped in a developer assemblage for future purchase. Buyer to verify all to their satisfaction. All showings to be scheduled by a licensed real estate agent, please don't disturb the owner. Read Less
Listing courtesy of Windermere Real Estate/CIR 360-387-4663
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
0
Days on Website
0
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
1,360
Lot Size
0.23 Acres
Year Built
1942
Property Tax
$1,688
MLS Number
2519457
30 Days Snapshot Of 98155
$860k
+9%
(avg) sold price
32
+6%
homes sold
41
-25%
(avg) days on market
Snapshot
Area Map
Additional Details | Source HomeJunction
Property Access
Bus Line Nearby: true
Basement
Basement: "Finished"
Building
Building Area Total: 1360, Building Area Units: Square Feet, Building Information: Built On Lot, Calculated Square Footage: 1360, Direction Faces: East, Elevation Units: Feet, Entry Location: Main, Levels: "One", Living Area: 1360, Structure Type: "House", Year Built: 1942
Exterior Features
Exterior Features: "Metal/Vinyl"
Fireplaces
Fireplaces Total: 0
Floors
Flooring: "Ceramic Tile", "Carpet"
Foundation
Foundation Details: "Poured Concrete"
Heating
Water Heater Location: Basement, Water Heater Type: Electric
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
The listings presented here may or may not be listed by Wesley Lau. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
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.
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.