Provided by NWMLS, Listed by Kidder Mathews
Pending
Pending Feasibility
7 & 15 Dravus Street #1-16
Seattle WA, 98109
$2,998,000
$277.59 per sqft
Pending
Pending Feasibility
0.25 Acres
Land
Located in Queen Anne, Dravus Court is 2 blocks from SPU, walking distance from Fremont's core, & boasts an easy commute to SLU & Downtown with their employment/entertainment offerings. The 10,800-SF lot is zoned LR3 (M) and is offered at $278/ft. The potential likely exists to redevelop the land into townhomes or a multifamily property. Current improvements- 16 1-bed units in 2 adjacent buildings - will allow a new owner to earn cash flow while planning and permitting a new development. Property is currently operated as a short-term-stay asset with furnished units primarily focused on renting to traveling nurses & corporate transferees. A new owner can step into current operations or convert to a standard Apts operations model.
2330975
MLSⓇ ID
February 4, 2025
Listed
February 21, 2025
Updated
Exterior/Building Features
Lot Size
0.25 Acres
Lot Features
Alley, Curbs, Paved, Sidewalk
Sewer
On Property
School Information
School District
Seattle
High School
Lincoln High
Elementary School
Buyer To Verify
Other Property Details
Area Name
700 - Queen Anne/Magnolia
Taxes
$31,454
Tax Frequency
Annually
Garage
No
View
No
County
King
Water Source
On Property
Pool
No
Utilities
Electricity Connected, Natural Gas Available
Listing History
Date | Event | Price |
---|---|---|
2/21/2025 | Pending | — |
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Data last updated on 2/22/2025 at 3:00 PM UTC