Listing Price $3,450,000

5050 -5052 Martin Luther King Jr. Way Seattle, WA 98118

Courtesy of Northwest MLS and

Community Search:

Investor Alert! Value in land. A fantastic development site on MLK Jr Way S, located a few blocks from the light rail station. Zoned LR3 RC(M) , offers for sale with the City approved planning & architectural designs included. The project is "ready for permit" comprises of a front building with 2 street level commercial units plus 8 condos on top, 5 townhomes in the rear and 2 parking garages. The recently updated 4-plex building with on-site 4 parkings generate $5,600/mn rent, is surrounded by restaurants, shops and local parks in the vibrant Columbia City neighborhood. Easy commute to Seattle downtown and Sea-Tac Airport.

Status:Active
DOM:92
Sq Ft:3420.00
Acres:0.1446
Property Type:MultiFamily
County:King
Community:380 - Southeast Seattle
Year Built:1951
MLS #:1910907

Amenities

Floors:Ceramic Tile, Hardwood
Roof:Composition
Heat:Electric
Cooling:Baseboard,Wall
School Dist:Seattle
Sr High:Seattle Public Sch
Jr High:Seattle Public Sch
Elementary:Seattle Public Sch

Site Features:
High Speed Internet

Home Features:
Ceramic Tile, Hardwood

Disclaimers:
•  The information contained in this listing has not been verified by Skyline Properties Inc and should be verified by the buyer
•  Skyline Properties Inc does not accept comprehensive reusable tenant screening reports as defined by and pursuant to RCW 59.18.257.

Rosalind Hu

Rosalind Hu
Managing Broker

Chinese,English

Phone:206-522-3400
Cell:206-650-0188
Fax:206-522-6890

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