Sq.Ft.1,470
Year1915
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Status:
Pending
Listing Office:
Kidder Mathews
Kidder Mathews
Property Type:Multi-Family
MLS ® #:1747997
Sq. Feet:1,470
On Site:29 Days
Lot Size:5,000 Sq. Ft.
County:King
Located in the heart of Seattle's vibrant and walkable Fremont neighborhood, 714 & 716 N Motor Place is a 5000 square foot, LR2-Zoned lot currently containing two occupied single-family homes. The property is exceptionally positioned less than a block from Fremont Avenue's outstanding restaurant, coffee shop, retail and grocery offerings, and roughly a half-mile to Freemont Commercial core. The Fremont Townhouse Site offers a new owner the opportunity to potentially construct four or five luxury townhomes while producing cash flow during the planning and permitting process or to simply buy and home the existing two-unit property for cash flow. Buyer to verify development potential.
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Community Information
Address:714 & 716 N Motor Place Seattle, WA 98103
Area:705 - Ballard/Greenlak
County:King
City:Seattle
Subdivision:Fremont
Zip Code:98103
School Information
School District:Seattle
High School:Lincoln High
Middle School:Hamilton Mid
Elementary School:Bf Day
Architecture
Year Built:1915
Stories:1
Possible Use: Multi-Family
Building Style: Duplex
Roof: Composition
Features / Amenities
Total Sq. Ft.:1470
Flooring: Vinyl, Carpet
Exterior Features: Wood
Heating Cooling Type: Baseboard, Forced Air
Property Features
Lot Size:
0.11 Acres / 5,000 Sq. Ft.
Lot Features: Curbs, Paved, Sidewalk
Utilities: Sewer Connected, Electricity Available
Sewer: Sewer Connected
Water: Public
Directions:From Hwy 99SB: Turn right onto N Motor Pl. Destination on right. From Hwy 99 NB: Exit tonto Green Lake Way. Left on N 46th. Left onto Fremont Ave N. Left onto N Motor Pl. Destination on Left.
Tax and Financial Info
Tax Year: 2021
Tax Annual Amount: $9,854
Insurance Expense: $719
Net Income: $26,867
Listing Terms: Cash Out, Conventional
Total Monthly Income: $3,120
Net Operating Income: $26,867
Total Expenses: $10,573
Offers: Seller will review offers on Offer Review Date (may review/accept sooner) - 2021-04-07
Possession: Closing, Tenant's Rights
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714 & 716 N Motor Place Seattle, WA 98103
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All listings featuring the icon are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2021. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Keller Williams Realty Greater Seattle and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
Listing information last updated on April 22, 2021 at 12:30 PM PST.
are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2021. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Keller Williams Realty Greater Seattle and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.Listing information last updated on April 22, 2021 at 12:30 PM PST.
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