219 Belmont AVE E new to site

Seattle,WA 98102

$ 3195000

12 Beds

11 Baths

9350 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,350 sqft

Price per Sqft $341

Subdivision Capitol Hill

MLS Listing ID 2349691

Style 56 - 10+ Units

Bedrooms 12

Year Built 1910

Annual Tax Amount $30,995

Lot Size 4,800 Sqft

Property Sub-Type Multi-Family

Property Description

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.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Flooring See Remarks

Exterior

Exterior Feature Brick,Cement Planked,Stucco

Amenities Available Fenced-Partially

View Y/N No

Roof Type Flat

Building

Lot Description Alley,Curbs,Paved,Sidewalk

Sewer Sewer Connected

Water Community

New Construction No

Schools

School District Seattle

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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