$1,000,000
917 28th Avenue S, Seattle, WA 98144
1,800 Sq Ft
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Virtual Tour

MLS #2542473 / Listing provided by NWMLS & Premier Homes and Land.

$1,000,000

917 28th Avenue S
Seattle, WA 98144

Active 1 day ago
1,800
Sq Ft
$556
Per Sq Ft
1977
Year Built

Please see Virtual Tour #1***THIS IS A PROPERTY BEING SOLD TO APARTMENT/CONDO DEVELOPERS***In Seattle’s zoning code, for Lowrise 2 (LR2) with an M designation, there is a Mandatory Housing Affordability (MHA) overlay. This MHA program allows developers to achieve extra floor area (which can translate to more units) if they either provide affordable housing on-site or pay into the city’s affordable housing fund. Thus, by complying with the MHA requirements, a developer can gain added capacity (height, floor area) and potentially increase the number of units. Specific limits depend on lot size and other code factors. In Seattle's LR2-M zone, the exact height and floor area increase from the M designation depending on the city’s specific MHA tables. Typically, the M designation grants an extra 10 feet of height (e.g., from 40 feet to 50 feet). Floor area ratio (FAR) also increases—often by around 0.5 FAR. On a 4,500 sq ft lot, if the base FAR was, say, 1.2 (allowing 5,400 sq ft of building), an M increase to 1.7 FAR could allow about 7,650 sq ft total. Always confirm with the current city tables, as specifics can vary. This is a guestimate from the Broker and everything needs to be verified Property built before 1978 thus we are warning of Lead Paint (see disclosure phamplet in supplements) IF YOU ARE PLANNING TO DEVELOPE THIS SITE YOU WILL RENTAL INCOME WITH A LITTLE WORK TO SUPPLEMENT THE DEVELOPEMENT COSTS.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: Yes
Exterior Features

Parking

  • Garage Spaces: 1
  • Parking Total: 2
  • Total Uncovered Parking Spaces: 1

Structure

  • Roof: Composition
  • Exterior Features: Cement/Concrete, Metal/Vinyl
  • Foundation: Poured Concrete, Slab

Lot Details

  • Lot Features: Paved, Sidewalk, Value In Land
  • Acres: 0.1033
  • Foundation: Poured Concrete, Slab
Area Features

Schools

  • High School District: Seattle
  • High School: Garfield High
  • Middle School: Meany Mid
  • Elementary School: Leschi

Lot Details

  • Lot Features: Paved, Sidewalk, Value In Land
  • Acres: 0.1033
  • Foundation: Poured Concrete, Slab
Utilities

Power

  • Energy Source: Electric
  • Power Company: City Light

Water, Sewer, and Garbage

  • Sewer Company: Seattle Public Utilities
  • Sewer: Sewer Connected
  • Water Company: Seattle Public Utilities
  • Water Source: Public
  • Water, Sewer, and Garbage: 0
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Key2See Team
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