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2618 Thorndyke Ave W - Magnolia Assemblage 0.79 Acres of Residential Land Offered at $6,225,000 in Seattle, WA 98199
Executive Summary
The Magnolia Assemblage offers a new investor the ability to acquire a 3 building portfolio suitable for a value-add opportunity located in a core Seattle area. The current arrangement offers 31 multi-family units plus a single family house. All together the assemblage represents 34,262 square feet of LR3 (M) zoned dirt suitable for a development of +/- 30 townhouses.
Property Facts
1 Lot Available
Lot
| Price | $6,225,000 | Lot Size | 0.79 AC |
| Price Per AC | $7,914,339.51 |
| Price | $6,225,000 |
| Price Per AC | $7,914,339.51 |
| Lot Size | 0.79 AC |
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Fairly walkable
50/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,285,600 | |
| Land Assessment | $6,142,200 | Total Assessment | $7,427,800 |
Property Taxes
Parcel Numbers
Land Assessment
$6,142,200
Improvements Assessment
$1,285,600
Total Assessment
$7,427,800
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