201 26th Avenue E, Seattle, WA 98112

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201 26th Avenue E, Seattle, WA 98112

$1,999,950 (Pending)

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Listed by: Dustin Van Wyck - Windermere RE/Capitol Hill,Inc

$$1,999,950

Pending

est.$1,999,950/month.

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beds. baths. 9,600 Sqft.

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This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Mortgage Broker

John Juge
Highlands Residential Mortgage
jjuge@highlandsmortgage.com
(425) 275-1640
NMLS# 114272

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or Call Now: (425) 275-1640

201 26th Avenue E, Seattle, WA 98112

$1,999,950

Pending

est.$1,999,950/month.

Start My Approval

beds baths 9,600 Sq.ft.

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Property details for 201 26th Avenue E, Seattle, WA 98112

Corner double-lot opportunities like this simply don't come around: two side-by-side triplexes at 201 and 205 26th Ave E, offered together as a single six-unit assemblage commanding the corner of 26th Ave E and E John St, in one of Seattle's most desirable and centrally located neighborhoods just minutes from Downtown, South Lake Union, and the Eastside. Six two-bedroom apartments span the two matched buildings, with 201's spacious owner's suite a natural fit for an owner-occupant who wants to live in one home and let the others help carry it. With alley-accessed off-street parking and a full-corner footprint, it delivers the practical features investors and developers actually look for. All six units are income-producing, delivering in-place cash flow from day one. And the options are what set it apart: hold as-is for a stable six-unit income position in a location that consistently holds its value; redevelop under its LR3 (Lowrise 3) zoning, where the combined lots offer the density and scale for new townhomes or apartments that a single parcel can't match; or take the existing buildings through a full rehab and reposition them as modernized, higher-yield homes. A contiguous LR3 corner assemblage like this rarely trades, and almost never as a matched pair of side-by-side triplexes. Two Parcels 982870-2400 & 982870-2405

Broker details: Windermere RE/Capitol Hill,Inc

Listed by: Dustin Van Wyck
Co-listing Broker: Windermere RE/Capitol Hill,Inc
Co-listing Agent: Ray York