12206 1st Ave S, Seattle, WA 98168

 

5 Bedrooms | 2.75 Bathrooms | 1,820 Sq Ft $680,000

Investment opportunity in south Seattle. Zoned R48. Large home with 5 bedrooms is currently a rental and tenants would like to stay. Keep tenants in place while you finish up your planning and developing. Seller planned to build but life changed. Site plans were finished and demo permit was issued. You could also update the main house and keep the lower level as a rental to generate additional income and offset your mortgage. Main level has two bedrooms and one bathroom. Lower level has 3 bedrooms and a bathroom. House is set back from the road behind mature laurel hedges. Close to SEATAC and easy access to HWY509.