8520 16th Avenue NW Seattle, WA 98177

Existing 4-plex on property is fully rented. Value is in the land. Property consists of 2 lots with split zoning. North parcel is LR2, South parcel is NC3p-55. Both lots must be sold together. As per review by architect you could build 8 townhomes w/garages OR 4 townhomes and 26 1 bdrm flats and 1 commercial space. Many possibilities. 4-plex provides income stream while watching for plans and permits. Great location near transit hub. View of Olympic Mountains from 2nd story. New mixed use building going in on 15th NW will upgrade neighborhood. DO NOT DISTURB TENANTS.