Description
WISE INVESTOR ALERT: Multifamily Tax Exempt Area (MFTE) allows for exemptions from ad valorem property taxation for 8, 12, and up to 20 years with the possibility of extensions, resulting in significant cost savings for the investor. The MU Zoning suggests significant development potential allowing for buildings of 4 to 6 stories. The approach of the light rail extension can enhance the value of the property appealing to potential tenants prioritizing easy access to transit options.
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0.21ACRES
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01/2 BATHS
School Ratings & Info
Listing information ©2023 Northwest MLS. Listing courtesy of Windermere R.E. Shoreline.
Sold by .Description
WISE INVESTOR ALERT: Multifamily Tax Exempt Area (MFTE) allows for exemptions from ad valorem property taxation for 8, 12, and up to 20 years with the possibility of extensions, resulting in significant cost savings for the investor. The MU Zoning suggests significant development potential allowing for buildings of 4 to 6 stories. The approach of the light rail extension can enhance the value of the property appealing to potential tenants prioritizing easy access to transit options.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-09-28T07:17:29.33. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-09-28T07:17:29.33. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.