Listing Provided Courtesy Of:
Victory Lane Brokerage

$2,385,000 3235 Rainier Ave S Seattle, WA

MLS: 951527   Type: Land   County: King   City: Seattle   Area: Southeast Seattle   Neighborhood: Mt Baker   Zip: 98144   Style: Multi-Family     Taxes: $14,036

Mortgage $11,197 /mo



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Exciting Transit Oriented Development (TOD). Investment returns on TOD properties are above market compared to other projects. Low vacancies, flexible zoning, no parking requirements, increased rent rolls from smaller dwelling designs, low cap rates & high appreciation are just a few. Two (2) large lots included w/total of 14,400 sq ft. Property is zoned SM-NR-85. Perfect for Small Efficiency Dwelling Units (SEDU) project w/potential for up to 200 units. Buyer to verify. 800 ft from Transit Hub.

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Price History

5/31/2016 Listed $2,500,000
9/1/2016 5% - $2,385,000

Community Name Mt Baker
Electricity On Property
Property Features Brush
School District SEA
View City, Mountain

Interior Features

3/4 Bathroom(s) 0
Full Baths Total 0
Gas On Property
Half Baths Total 0
Septic Approved for Number of Bedrooms 0

Exterior Features

Sewer In Street, On Property
Style Multi-Family

Property Schools

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Gallery (4 photos)

Listing Provided Courtesy Of:
Victory Lane Brokerage

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Property vs Zip Code Avg (98144)

Price 2.38M Avg 879K

Taxes $14,036 Avg $5,395

Acres 0.33 Avg 0.18

Visits 26 Avg 24

Days on Site 193 Avg 78

Walkscore® 89 Avg 84

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Listing Provided Courtesy Of: Victory Lane Brokerage

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Location & Address

Burger Professionals
2607 Martin Way E.
Olympia, WA