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2919 Franklin Avenue E

Seattle, WA 98102
  • $3,750,000
  • STATUS: Pending
  • ON SITE: 149 Days
  • ID#: 2011030
Under Contract
UPDATED: 16 min ago
$3,750,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,224
    SQFT
  • $456
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1927
County:

School Ratings & Info

School District:
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Kidder Mathews. Sold by .

Description

Unique value-add and redevelopment opportunity packaged into one deal. Brentwood features 12 existing units combined with a 4 unit permitted and shovel-ready townhome development located two blocks from the lake in Eastlake. Opportunity to build the townhomes and sell them off individually, or rent them along with the existing 12-unit to increase total rental income to $500,000. Sale includes all plans and permits for the townhomes. See marketing flyer in supplements for more information.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Front Street Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-24T18:15:42.527. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-03-24T18:15:42.527. 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.
www.frontstreetrealty.com/homes/134242363
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2919 Franklin Avenue E Seattle, WA 98102

  • Price: $3,750,000
  • Status: Pending
  • On Site: 149 Days
  • Updated: 16 min ago
  • ID#: 2011030
0
Beds
0
Baths
0
½ Baths
0.24
Acres
8,224
SQFT
$456
$/SQFT
1927
Built
Neighborhood:
Eastlake
County:
King
Area:
Central Seattle/Genesee/Columbia Cty
School District:
Seattle
Property Description
Unique value-add and redevelopment opportunity packaged into one deal. Brentwood features 12 existing units combined with a 4 unit permitted and shovel-ready townhome development located two blocks from the lake in Eastlake. Opportunity to build the townhomes and sell them off individually, or rent them along with the existing 12-unit to increase total rental income to $500,000. Sale includes all plans and permits for the townhomes. See marketing flyer in supplements for more information.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BrickWood Lot Features Cul-De-SacPavedSidewalkValue In Land Lot Size Dimensions 10450 Open Parking Spaces 14 Open Parking YN Yes Parking Total 0 Parking Uncovered Spaces 14 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View CityLakeTerritorial View YN Yes Waterfront YN No

Interior Features

Building Area Total 8224 Fireplace YN No Furnished Unfurnished Heating YN Yes Interior Features Radiator Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Cumulative Days On Market 95 Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 141780 New Construction YN No Possession Closing Possible Use Multi-Family Power Company Pse Power Production Type Electric Property Condition Very Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company Spu Special Listing Conditions None Tax Annual Amount 33865 Tax Year 2022 Units In Building Total 12 Water Company Spu Water Source Public Year Built Effective 1927 Zoning Class Multi-Family Zoning Jurisdiction City



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Front Street Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-24T18:15:42.527. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-03-24T18:15:42.527. 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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22 NW Front Street Suite B
Coupeville WA, 98239
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Kidder Mathews. Sold by .