Crown Hill Duplex with Development Potential and Income Stream

USD $950,000
652 Northwest 85th Street, Seattle, Washington, 98117, USA

Property Highlights

  • Zoned NC1-55(M) for mixed-use development
  • Suitable for owner-occupy or investment
  • Located in growing Crown Hill Urban Village
  • High traffic count 18,800 - 20,000
  • Leased income property with $4,800 rent
  • Potential for up to 16 residential units

Overview

Crown Hill Urban Village Duplex property (former law office) zoned NC1-55(M)! Hold as fully leased income property then develop mixed use project: apartments, coop or condo w/ ground level comm (retail, office, medical) up to 16 units - Square Footage up to 41,000 and Traffic Count 18,800 - 20,000. Flexible to owner-occupy w/ residential lending. Surrounding density is growing with new NR zoning. Current rents total $4,800 (near 5% Cap) Don't miss your opportunity to own this fantastic investment opportunity and be in the heart of Crown Hill-Ballard-Greenwood. Okay to street appraise exterior. Interior tour with signed PSA. Finance Sheet Uploaded.
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Property Features

652 Northwest 85th Street, Seattle, Washington, 98117, USA offers the following features:

Living Area: 3096sf
Property Type: Multifamily
Status: Active
Reference ID: 2416799

What's Nearby

Local businesses near 652 Northwest 85th Street, Seattle, Washington, 98117, USA:

Public Transportation: < 1 mile
School: < 1 mile
Gym: < 1 mile
Grocery/Shopping Center: < 1 mile
Hospital: < 1 mile
Police Station: 1.7 miles

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