7013 Seaview Terrace SW
Seattle, WA 98136
0.28 acres | #2347941
Description
Truly a one-of-kind investment/development property in highly sought after W. Seattle area. This rare 6-unit turnkey investment has water views & gorgeous sunsets along w/strong cash flow. Located in West Seattle’s Gatewood area, the Seaview Terrace Apts a perfect mix of studios/1-bed/2-bed/3-bed units. Each w/own flr plan. 4 units have been renovated w/updated baths, kitchen, stainless app & new floors. W/D in all units except for small non-conforming studio. Very strong occupancy in a high demand rental mkt w/ room to increase rents to market. Exceptional development opportunity to develop 5-townhomes on the parcel, 3-bed twnhm w/garages, while maintaining income from existing 6-units. Near transit, eateries, shopping and much more.
Property Details
- Lot DescriptionCorner Lot, Dead End Street, Paved, Secluded
- Utility FeaturesElectricity Available, Natural Gas Available
- Utility SourceAvailable, On Property, See Remarks
- ViewMountain(s), Ocean, Sound, Territorial
- Style40 - Res-Less thn 1 Ac
- Date ListedMarch 20, 2025
- SubdivisionLincoln Park
- Structure TypeUnspecified
- Original List Price$2,900,000
- Sewer InformationAvailable
- Property TypePurchase
- School DistrictSeattle
- Taxes Annual$18,135
- MLS #2347941
- Cost2900000
- MLS #2347941
- Acres0.2804
- CountyKing
- Property SubtypeLand
- Days on Market (Cumulative)7
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-03-26 16:59:44. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Jamie Langsford (#NWM96577)
Listing Office: Venture Real Estate Group LLC (#NWM3409)
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