Bought with COMPASS
$900,000
$1,075,000
16.3%For more information regarding the value of a property, please contact us for a free consultation.
1520 E Fir ST Seattle, WA 98122
1,990 SqFt
Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,990 sqft
Price per Sqft $452
Subdivision Central Area
MLS Listing ID 1868663
Sold Date 06/10/22
Style 52 - Duplex
Year Built 1993
Annual Tax Amount $8,042
Lot Size 4,156 Sqft
Lot Dimensions 34x125x33x125
Property Description
Great development opportunity in the Central Area! This duplex is on a 4,153 square foot LR3 lot in the heart of the Central Area/First Hill/Capitol Hill urban zone. Sits adjacent to Seattle University and walking distance to Capitol Hill & the International district. LR3 (M) zoning with a FAR of 2.3 means you can build up to 9558 square feet. (Or up to 8000 SF with no design review) One scenario would be to build 4 to 8 four story town homes with great views of downtown from rooftop decks. The existing structure is a duplex. It has steady rental income, but the property is probably worth more as a building lot then as a rental. Buyer to verify all information.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Interior Features Forced Air, Hardwood
Flooring Hardwood, Vinyl
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Natural Gas Connected
View Y/N Yes
View City
Roof Type Composition
Building
Lot Description Paved, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157