Rare Investment Opportunity in Desirable Leschi! Don’t miss this exceptional 8-unit multifamily property in sought-after Leschi, featuring three tax parcels totaling 14,980 sq ft with strong cash flow and the opportunity to add value. Multiple development options as well! Each 2-bedroom, 1-bath unit provides 800 sq ft of living space, with garage rental options and several updated units for added appeal. Amenities include an 824 sq ft shop with water and power, offering ADU conversion potential, six rentable garages, and a coin-operated laundry room. The property also boasts a vacant buildable lot for future growth, allowing rental income on current units while exploring new construction possibilities. Schedule a private tour today!
Property Map
From I-90, take exit Rainier Ave South, turn Left on S Holgate St, turn Left on 23rd Ave S, turn Right on S Dearborn St, turn Right on 29th Ave S. Property will be on your Left.
Listing # Courtesy of Jolene Brown of COMPASS. Last Updated: December 9, 2024.
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Investor alert! Turn key income property. Rare adjoining 2 parcels at the heart of Capitol Hill (check MLS#2232751). MR Zoning, great potential for upgrade or multi-unit devel...
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