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About the Listing 1422 - 433
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.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Multi-Family
MLS ®
2542473
Year Built
1977
Total Square Footage
1,800
Lot/Acreage
0.1
County
King
Building Name
Hicks Addition
Neighborhood
Central Area
School District
Seattle
Elementary School
Leschi
Middle School
Meany Middle
High School
Garfield High
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Forced Air,Window Unit(s)
- Heating: Forced Air
- Fireplaces: 0
- Floor: Hardwood,Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Seattle Public Utilities
Exterior Details
- Lot Description: Paved,Sidewalk,Value In Land,Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio,Zoning: Multi-Family
- Garage Capacity: 1 car
- Parking Spaces: 2
- Lot Dimensions: 37.5 X 120
- Zoning: Multi-Family
- Roof: Composition
- Others: Cement/Concrete,Metal/Vinyl,Fair
- Sewer: Seattle Public Utilities
Financial Details
- Tax Amount: $7,873
- Taxes w/Assessments: N/A
- Tax/Property ID: 3274800130
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
917 28th Ave S Seattle, WA 98144
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