Description
Opportunity awaits in this LR2 zoned property in the Rainier Beach Urban Village zone, just 1.5 blocks from the Link Light Rail Station. Bring your vision to this cozy one level rambler and reap the benefits of owning in this soon to be expanding neighborhood ripe for development. A great chance for the savvy investor or first time home buyer to gain some equity as the area is reinvented. Garden Space and lots of off street parking. Super convenient location for commuters! Preliminary feasibility study says this property may support a small apartment development of 15-20 units. It would also support a small townhouse project. Rent it out while awaiting permits and development.
Opportunity awaits in this LR2 zoned property in the Rainier Beach Urban Village zone, just 1.5 blocks from the Link Light Rail Station. Bring your vision to this cozy one level rambler and reap the benefits of owning in this soon to be expanding neighborhood ripe for development. A great chance for the savvy investor or first time home buyer to gain some equity as the area is reinvented. Garden Space and lots of off street parking. Super convenient location for commuters! Preliminary feasibility study says this property may support a small apartment development of 15-20 units. It would also support a small townhouse project. Rent it out while awaiting permits and development.
- Listing #:
- 2310541
- Price:
- $495,000
- Status:
- Active
- Type:
- 1 Story
- Style:
- See Remarks
- Bedrooms:
- 3
- Bathrooms:
- 1.00
- Full Baths:
- 1
- Sq. Ft.:
- 1,000
- # of Acres:
- 0.11
- Year Built:
- 1963
- Address:
- 8649 Renton Avenue S
- City:
- Seattle
- County:
- King
- State:
- WA
- Zip:
- 98118
- CDOM:
- 1