Listing courtesy of Windermere Real Estate/East 425-822-5100
$499,888
INVESTOR AND DEVELOPER ALERT! Unlock the massive potential of this rare South Seattle find in the historic Hillman’s Meadow Gardens. This unique offering includes 2 structures on a condominimiumized lot: A Craftsman-style fixer as the primary residence that is 2,150 gross sqft, and a 770 sqft fully detached structure. Together… Read More they are sited on a lot that already has 2 separate legal descriptions. With a survey sketch available and the condominiumization complete, the possibilities are endless! This condominiumized property offers a compelling value-add opportunity with multiple high-yield exit strategies. Flip both units and sell separately for maximum resale value, rehab both and sell one off to hold the other as a rental with limited carrying costs, or renovate and sell the entire package to deliver a turnkey lifestyle investment. However you structure it, each scenario presents strong margin potential and flexible capital deployment, making this an attractive play for both short-term gains and long-term yield. Located in a charming, established neighborhood known for its large lots and mature landscaping, you are just minutes from MLK Jr. Way S, Skyway, shopping, and major transit hubs. Bring your builder and your vision to this centrally located gem and secure a rare footprint in a high-demand South Seattle pocket. Private Money Lender for Investment buyers only, pre-approved for 10-20% down OAC. Read Less
Listing Snapshot
Cumulative Days On Market
9
Days on Website
18
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
1,300
Lot Size
0.24 Acres
Year Built
1911
Property Tax
$6,264
MLS Number
2480758
30 Days Snapshot Of 98178
$829k
+19%
(avg) sold price
16
0%
homes sold
59
-36%
(avg) days on market
Snapshot
Area Map
Source: Home Junction
Additional Details
Basement
Basement: "Unfinished"
Building
Architectural Style: "Craftsman", Building Area Total: 2150, Building Area Units: Square Feet, Building Information: Built On Lot, Building Name: HILLMAN'S MEADOW GARDENS, Calculated Square Footage: 2920, Elevation Units: Feet, Entry Location: Main, Levels: "One and One Half", Living Area: 1300, Structure Type: "House", Year Built: 1911
Exterior Features
Exterior Features: "Wood", "Wood Products"
Fireplaces
Fireplaces Total: 0
Foundation
Foundation Details: "Poured Concrete", "Slab"
Home Owner's Association
Association Fee: $0
Lot
Features: "Dead End Street", "Paved", "Value In Land", 0 acres, 10480 square feet, View: "Territorial"
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by John Anderson. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of . 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. Listings last updated on .
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