7420 SE 27th Street Mercer Island, WA 98040
Listing Courtesy of: MLS LogoNorthwest MLS / Windermere Real Estate/Mercer Island / Doug McKiernan and John L. Scott, Inc.

  7420 SE 27th Street Mercer Island, WA 98040

Sold (45 Days)
$885,000
2,620
SQFT
See Similar Listings

Description

Opportunity knocks, bring your builders. This is your rare chance to own a property zoned MF2 which allows for multi-family and/or an office building, up to 38 units /acre. Close in location to the central business district. Currently used as a legal duplex. Upper unit is 3 bedroom/1 bath and lower unit is 2 bedroom/1 bath. Shared laundry room on the lower level. Separate power meters. Good potential rental income while you are planning for a better use. Value is in the land.

MLS #:
26153849
Taxes
$3,806(2006)
Lot Size
8,880 SQFT
Type
Multifamily
Building Name
McGilvra's Addition
Year Built
1955
Style
Duplex
Views
City, Mountain(s), Partial, Territorial
School District
Mercer Island
Community
Mercer Island

Listed By

Doug McKiernan, Windermere Real Estate/Mercer Island
Source
Northwest MLS as distributed by MLS Grid
Last checked May 10 2025 at 9:39 AM PDT
Bathroom Details
Interior Features
  • Forced Air
  • Wall to Wall Carpet
Subdivision
  • Mercer Island
Lot Information
  • Paved
  • Value In Land
Property Features
  • Cable Tv
  • Fenced-Partially
  • Gas Available
  • Patio
  • Foundation: Poured Concrete
Flooring
  • Carpet
Exterior Features
  • Brick
  • Wood
  • Roof: Composition
Utility Information
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • Sewer: Sewer Connected
  • Fuel: Electric, Natural Gas
School Information
  • Elementary School: West Mercer Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
Additional Listing Info
  • Buyer Brokerage Compensation: 3.0%
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Disclaimer: Based on information submitted to the MLS GRID as of 5/10/25 02:39. 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.
Doug McKiernan   |   Broker
 2737 77th Ave SE  |  Mercer Island, WA 98040

© Windermere Real Estate / Mercer Island