MLS #2552274 / Listing provided by NWMLS & Windermere RE/Capitol Hill,Inc.
$1,999,950
201 & 205 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
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: No
- Cooling: No
Lot Details
- Lot Features: Corner Lot, Curbs, Paved, Sidewalk
- Acres: 0.2204
Schools
- High School District: Seattle
- High School: Garfield High
- Middle School: Meany Mid
- Elementary School: Mc Gilvra
Lot Details
- Lot Features: Corner Lot, Curbs, Paved, Sidewalk
- Acres: 0.2204
Water, Sewer, and Garbage
- Sewer: On Property
- Water Source: On Property
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