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Listing Provided by Skyline Properties  
$3,450,000
5050 -5052 Martin Luther King Jr Way, Seattle, WA 98118
0 Beds
0 Baths
3,420 SqFt

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powered by CINC
Listing Provided by Skyline Properties  
Investor Alert! Value in land. A fantastic development site on MLK Jr Way S, located a few blocks from the light rail station. Zoned LR3 RC(M) , offers for sale with the City approved planning & architectural designs included. The project is ready for permit comprises of a front building with 2 street level commercial units plus 8 condos on top, 5 townhomes in the rear and 2 parking garages. The recently updated 4-plex building with on-site 4 parkings generate $5,600/mn rent, is surrounded by restaurants, shops and local parks in the vibrant Columbia City neighborhood. Easy commute to Seattle downtown and Sea-Tac Airport.
  • Price:
  • $3,450,000
  • Square Footage:
  • 3,420
  • Acreage:
  • 0.14
  • Year Built:
  • 1951
  • Listing ID #:
  • NWM1910907
  • Street Address:
  • 5050 -5052 Martin Luther King Jr Way
  • City:
  • Seattle
  • State:
  • Washington
  • Postal Code:
  • 98118
  • County:
  • King
  • Community:
  • 380 - Southeast Seattle
  • Subdivision:
  • Columbia City
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
n/a

The Seattle Public Schools Skills Center
Public
School Grade Level 9-12
n/a

SEATTLE PUBLIC SCH
Public
n/a

SEATTLE PUBLIC SCH
Public

Source: ATTOM

  • Approximate Square Footage Range:
  • 3420
  • Building Condition:
  • Good
  • Exterior Description:
  • Brick, Wood
  • Flooring:
  • Ceramic Tile, Hardwood
  • Foundation:
  • Poured Concrete
  • Furnished:
  • Unfurnished
  • Interior Features:
  • Ceramic Tile, Hardwood
  • Leasable Square Feet:
  • 2736
  • Number Of Units:
  • 4
  • Stories:
  • 2
  • Structure:
  • Quadruplex
  • Style:
  • 54 - 4-Plex
  • Total Building Square Footage:
  • 3420
  • Type Of Roof:
  • Composition
  • Year Built:
  • 1951
  • Annual Electric Expenses:
  • 50
  • Annual Insurance Expenses:
  • 93
  • Lot Features:
  • Curbs, Paved, Sidewalk, Value In Land
  • Lot Size Units:
  • Square Feet
  • Lot Square Footage:
  • 6299
  • Suitable Use:
  • Commercial, Multi-Family
  • On Market Date:
  • 2022-04-02
  • Originating Mls:
  • Nwmls
  • Terms:
  • Cash Out, Conventional
  • Building Name:
  • Fryes Add To Columbia
  • Subdivision:
  • Columbia City
  • Property Taxes:
  • $1,100
  • Tax Year:
  • 2022
  • Parking Spaces:
  • 4
  • Uncovered Parking Spaces:
  • 4
  • Sewage Type:
  • Available
  • Utilities:
  • High Speed Internet, Electricity Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided by Skyline Properties
  • Disclaimer: The information contained in this listing has not been verified by the member's firm and should be verified by the buyer. WANWMLS

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