1024 South Director Street

INVESTOR ALERT! Development opportunity in South Park: build up to 4 units (buyer to confirm). This 6,000 sf lot is zoned NR under Seattle's 2026 citywide upzone, permitting up to 6 units, height to 32 ft (42 ft with bonuses), that would expose views of Rainier. No MHA payment requirement. Hold, redevelop, or add DADU's. The existing home is a 1931 one-bedroom cottage with vintage character: coved ceilings, leaded glass, laminate hardwood floors, and an updated electrical system. A huge unfinished basement with tall ceilings offers additional upside potential. Finish it out and nearly double the livable square footage. A strong fix-and-flip candidate or a project for a motivated owner-occupant ready to put in some sweat equity. Lots of options. Tons of potential! Great location on dead-end road, in South Park, a neighborhood on the rise, with a growing lineup of popular restaurants, coffee shops, bars, bottle shops, and taprooms nearby. 6 parks in a 1-mile radius, including beloved Duwamish Waterway Park and Duwamish River People's Park. About 15 minutes to downtown Seattle and 10 minutes to SeaTac Airport.