XXXXX 70th Place S Seattle, WA 98178

Home/XXXXX 70th Place S Seattle, WA 98178
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Year Built 1954
Beds 3
Baths 1
Total SF 960
Above Ground SF 960
Garage/Parking Attached- 530 SF
Water/Sewer Public/Public
Lot SF 18700
Zoning R6P
Assessed Year 2018
Assessed Land $200000
Assessed Structure $124000
Assessed Total $324000
Tax Amount $4070
Purchase Info

Price: $275000

FMV: $430000

Fix-up Price: $80000

Closing Details
Additional Notes

House Info:
3 bed, 1 bath, 960 sq ft built in 1954. The house sits on a very BIG lot, 18,700 sq ft. (0.43 acre), in a Cul-de-Sac
Zoned R6P, possible to subdivide and add another home.
New roof put in 2019. Taxes assessed as is $324K.
Similar houses are renting and market rent is $2000-2,300

The lot is zoned R6P which means you can build 6 houses per acre. The lot is almost half an acre, 0.43 acre or 18,700 sq ft. You can fix this house up, refinance and rent it out while subdividing the lot and building another one. Then sell both or rent both. In this case, the second lot will be basically free.