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Unique Investor Opportunity in Madison Park

Published on November 15, 2018 by Hannah Nicklas

UNIQUE LAND/INVESTOR OPPORTUNITY! This 1923 Craftsman bungalow sits on a flat 4,400SF corner lot in a PRIME location blocks from Lake Washington and Madison Park village shops, restaurants and stores. Inherit a long-term, stable tenant at market rate with incremental increases, giving ownership the ability to collect rental income and develop in 6+ years. Lot currently allows for construction of a 4,000-6,880SF 2-story+basement home and/or home+DADU/studio above garage to maximize views and lot size. Amazing potential with an exceptional location await!

Address: 2001 42nd Ave E, Seattle 98112
MLS#: 1383632
List Price: $1,188,000

Contact Ashley Hayes at Ashley@Pointe3.com or Jenni Moreno at Jenni@Pointe3.com for additional information today!

         

Hannah Nicklas - “”