Active
  • Listed by: 

    Daniel Lim,

    Lee & Associates Commercial RE,

    Candice Chevaillier,

    Lee & Associates Commercial RE

    Price cut: $245K (6/27)
    $2,950,000

    219 Belmont Avenue E, Seattle, WA 98102

    12beds
    11baths
    9,350sqft
    : 
    Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $316/sqft
    $-- HOA

    What's special

    Brick veneer buildingWell-preserved hardwood floorsSpacious layouts
    The Lanning, an 11-unit apartment in the heart of Capitol Hill. This well-maintained brick veneer building, built in 1910, offers spacious layouts 827 SF on avg, a rare find in a neighborhood known for compact apartments. The unit mix consists of 10 one-bedroom units and 1 two-bedroom unit, well-preserved hardwood floors, and in-unit w/d in 10 of the units. Steps from Broadway’s vibrant retail corridor, the Light Rail Station & SLU. Currently operating with below market rents, The Lanning presents a clear value-add opportunity. Whether repositioning as a bespoke high-end rental or realizing efficiencies as stabilized asset, The Lanning represents an unparalleled opportunity to own in one of Seattle’s most resilient and dynamic submarkets.
    115 days
    on Zillow
    |
    705
    |
    31
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