Description
Value is in the land here. This 5,100 SF flat parcel offers an ideal redevelopment opportunity in the well-established Holman neighborhood of North Seattle. Zoned NR, the lot qualifies for the transit-proximity density bonus, raising allowable density from 4 units up to 6 units. Capitalize on this rare opportunity to maximize yield on a lot this size. Tucked just off Holman Rd and Greenwood Ave N, the site sits on a quiet, low-traffic street while remaining minutes from Route 5 and D transit, shops, and restaurants along the Greenwood corridor. Level topography simplifies site work and design, and the established neighborhood setting offers strong long term fundamentals for a variety of housing options. The existing home offers holding income or a teardown opportunity. Don't miss this chance to build in one of North Seattle's steadily appreciating pockets
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2BEDS
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0.12ACRES
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1BATHS
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01/2 BATHS
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980SQFT
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$571$/SQFT
Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Rhino Roz Realty.
Mortgage Calculator is provided by BoomTown.
Description
Value is in the land here. This 5,100 SF flat parcel offers an ideal redevelopment opportunity in the well-established Holman neighborhood of North Seattle. Zoned NR, the lot qualifies for the transit-proximity density bonus, raising allowable density from 4 units up to 6 units. Capitalize on this rare opportunity to maximize yield on a lot this size. Tucked just off Holman Rd and Greenwood Ave N, the site sits on a quiet, low-traffic street while remaining minutes from Route 5 and D transit, shops, and restaurants along the Greenwood corridor. Level topography simplifies site work and design, and the established neighborhood setting offers strong long term fundamentals for a variety of housing options. The existing home offers holding income or a teardown opportunity. Don't miss this chance to build in one of North Seattle's steadily appreciating pockets
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