Roosevelt Homes with Average Building Condition

Roosevelt Homes with Average Building Condition

Welcome to Roosevelt, a vibrant neighborhood nestled in the heart of Seattle, Washington. Known for its rich history and eclectic charm, Roosevelt offers an inviting blend of urban convenience and suburban tranquility. This dynamic community is characterized by tree-lined streets, local boutiques, and a diverse array of dining options, making it a perfect place for both families and young professionals alike.

The Roosevelt subdivision is particularly appealing for those seeking homes with an average building condition. Here, you'll find a variety of residences that reflect the neighborhood's unique character, from classic 1920s craftsman bungalows to more modern constructions. These homes, while maintaining an average building condition, provide an excellent canvas for personalization and renovation, allowing you to infuse your style and creativity into your living space.

Roosevelt is also known for its strong sense of community, with numerous parks and recreational areas that encourage outdoor activities and social gatherings. The nearby Roosevelt High School and various community centers foster a family-friendly atmosphere, making it an ideal location for those looking to settle down.

With easy access to public transportation and major highways, commuting to downtown Seattle or exploring the surrounding areas is a breeze. Whether you’re seeking a cozy starter home or a place to grow your family, Roosevelt’s diverse housing options and welcoming environment make it a fantastic choice for your next home. Come discover the charm of Roosevelt, where community spirit and vibrant living come together!

Newest Roosevelt Homes with Average Building Condition

$840,000
3 Beds 2 Baths 2514400 MLS ACTIVE Status
ATTN Developers, Builders, & Investors! An exceptional, high-density development opp a/w in Lake City urban corridor. Offer for the first time, 7818 & 7822 Lake City Way combined, near-level ~9,000 SF footprint primed for a mid-rise, mixed-use project. Featuring robust C1-55 zoning w/ an allowable 3.75 FAR, provides a clear, predictable pathway to construct. a 6-story bldg. Prelim Feasibility highlights an ideal yield of up to 42 RES units (suited for studios/1-bdrm) ground-floor commercial use. Take advantage of Seattle’s 4-foot gnd-fl height bonus to max. ceiling & views, utilizing UG parking entry. Strong local rental demand, prime eligibility for Seattle's 12 year Multi-family Tax Exemption (MFTE) program to max. your post-stabilization yields. while you clear your master use permits (MUP). Buyer to verify all feasibility and zoning constraints to their satisfaction. Total Lot Size: Approx. 9,000 SF (Combined dual-parcel assemblage) Zoning: C1-55 (Commercial 1, 55’ base height limit) Development Capacity: Up to 33,750 gross buildable SF under a 3.75 FAR Pro-Forma Optimization: High-velocity rental sub-market with excellent financial metrics leveraging Seattle's 12-year MFTE property tax exemption.6-story building featuring ground-floor commercial retail and 5 levels of multifamily housing (up to 42 units). Covered Land Play: Existing residential structures offer immediate holding rental cash flow during the architectural and permitting phases.

7818 NE Lake City Way NE, Seattle

Listing courtesy of Kelly Right RE of Seattle LLC.

$850,000
3 Beds 2 Baths 2508699 MLS ACTIVE Status
ATTN Developers, Builders, & Investors! An exceptional, high-density development opp a/w in Lake City urban corridor. Offer for the first time, 7818 & 7822 Lake City Way combined, near-level ~9,000 SF footprint primed for a mid-rise, mixed-use project. Featuring robust C1-55 zoning w/ an allowable 3.75 FAR, provides a clear, predictable pathway to construct. a 6-story bldg. Prelim Feasibility highlights an ideal yield of up to 42 RES units (suited for studios/1-bdrm) ground-floor commercial use. Take advantage of Seattle’s 4-foot gnd-fl height bonus to max. ceiling & views, utilizing UG parking entry. Strong local rental demand, prime eligibility for Seattle's 12 year Multi-family Tax Exemption (MFTE) program to max. your post-stabilization yields. while you clear your master use permits (MUP). Buyer to verify all feasibility and zoning constraints to their satisfaction. Total Lot Size: Approx. 9,000 SF (Combined dual-parcel assemblage) Zoning: C1-55 (Commercial 1, 55’ base height limit) Development Capacity: Up to 33,750 gross buildable SF under a 3.75 FAR Pro-Forma Optimization: High-velocity rental sub-market with excellent financial metrics leveraging Seattle's 12-year MFTE property tax exemption.6-story building featuring ground-floor commercial retail and 5 levels of multifamily housing (up to 42 units). Covered Land Play: Existing residential structures offer immediate holding rental cash flow during the architectural and permitting phases.

7822 NE Lake City Way NE, Seattle

Listing courtesy of Kelly Right RE of Seattle LLC.

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