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5955 Martin Luther King Jr Way S

  • $455,000
  • 3 Beds
  • 1 Bath
  • 640 SF
Jared Holland

Jared Holland

Mobile #: (206) 486-6872

Email: deals@jh1homes.com

Ann Hiatt

Ann Hiatt

Mobile #: (425) 802-3717

Email: ann.hiatt@compass.com

Contact Agent

5955 Martin Luther King Jr Way S

$455,000 | 5955 Martin Luther King Jr Way S, Seattle, WA 98118

MIXED USE INVESTMENT OPPORTUNITY! This 4,205sqft lot is located in the heart of South Seattle & zoned NC2-75 for commercial OR residential use. Envision the possibilities – make necessary repairs to rent out the existing single-family home while you obtain permits to build 4+ townhomes, OR a mixed-use apartment building (23,127 allowable gross sf) w/ retail businesses on the bottom! A walk score of 84, paired with its close proximity to freeways, the light rail, dining, & shopping, make this location an attractive option for current & future renters to be. It's only a matter of time before this convenient area becomes one of Seattle’s sought after neighborhoods! Great opportunity to build affordable housing & capitalize on the tax benefits!

  • Sold

    Status
  • 3

    Bedrooms
  • 1

    Bath
  • 640 Sq.Ft.

    Living Area
  • 0.097 Acres

    Acres Lot
  • 1924

    Year Built

Features & Amenities

Area & Lot

Status:
Sold
Living Space:
640 Sq.Ft.
Lot Size:
0.097 Acres
MLS® ID:
1909436
Type:
RESIDENTIAL
Year Built:
1924
Architecture Styles:
House
View Description:
City, Territorial
Elementary School:
Dearborn Park
Middle School:
Mercer Mid
High School:
Franklin High
School District:
Seattle

Interior

Total Bedrooms:
3
Total Bathrooms:
1
Full Bathrooms:
1
Flooring:
Laminate, Carpet
Other Interior Features:
Forced Air, Wall to Wall Carpet, Laminate

Exterior

Water Source:
Public, See Remarks
Utilities:
Cable Connected, High Speed Internet, Sewer Connected, Electricity Available, Oil
Roof:
Composition
Lot Features:
Curbs, Sidewalk, Value In Land
Parking:
Driveway, Off Street
Sewer:
Sewer Connected
Substructure:
Poured Concrete
Other Exterior Features:
Wood

Financial

Sales Price:
$455,000
Real Estate Taxes:
$4,430/yr

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The JH1 Team is a select group of professionals who enthusiastically embrace diversity. Through their collaborative efforts, the team lives, serves and represents their community and elevates the real estate experience by offering competent and timely guidance and impeccable service.

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