8156 30th Ave SW Seattle, WA 98126

CONTACT WILL 206-690-8822

Oversized lot in prime West Seattle, NR3/SF5000 zoning for DADU + ADU

Photos: https://drive.google.com/drive/folders/1aWSF7-VSvwEpWo1_mwwNY4L4u3z2uj56?usp=sharing

Terms:

Purchase Price (including wholesale fee): $660,000

Main House Rehab: $150,000

Main House ARV: $900,000

Estimated Construction for ADU+DADU: $650,000-700,000

($350/sqft for 2x 1,000sqft units)

Estimated New Construction Value: $1,200,000-$1,250,000

Closing Date: 8/31/23 or sooner

Buyer and seller pay own closing costs

Non-refundable EM Due from Buyer: $10,000

Property is sold in “as-is” condition

Built in 1918, this property features a 1,890sqft home + 620sqft unfinished basement w/ separate access, located on the front half of a 7,920sqft lot. Corner lot on alley zoned NR3/SF5000, prime ADU & DADU potential. Prime location across from Chief Sealth high school and walkable to nearby amenities.

House is 3 bed 1 bath (1 bedroom + bath on main, 2 bedrooms upstairs) with potential to rearrange main floor. House is livable, rent right away OR flip to add value + finish the basement while building in the back.

• Purchase Price: $695,000
• Main house ARV: $900,000 as-is, $1,000,000+ by adding square footage
• Main house rehab: $150,000-$300,000 (if adding sqft)
• ADU finished value: $600,000 condoized
• DADU finished value: $600,000-$650,000 condoized
• Estimated construction cost for ADU + DADU: $650,000-$700,000
• Purchase price + rehab + construction cost = $1,545,000
• Total ARV: $2,150,000

Buyer to verify all info. Cash or hard money only. Comps available in photos folder.