Property Details: • Type: Single Family • Bedrooms: 4 • Bathrooms: 2 • Square Feet: 1800 • Lot/Size: 4,500 sqft lot
Description: 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