812 29th Ave S, Seattle, WA 98144
Don’t miss this chance to own a rare 8-unit multifamily property in the highly desirable Leschi neighborhood. with 3 separate tax parcels totaling 14,980 sq ft. this property does not lack in building options! Offering strong cash flow and multiple income streams, this property is ideal for investors seeking immediate returns as well as short term & long-term building potential. Each 2-bedroom, 1-bath unit features 800 sq ft of living space, with private balconies and optional garage rentals. Several units have been recently updated, enhancing rental appeal. The property also includes a spacious 824 sq ft shop equipped with water and power—perfect for a business, rental income, or a potential ADU conversion. Additional amenities include 6 garages onsite, providing flexible income opportunities through rental or storage, and a coin-operated laundry room, adding even more revenue potential. As a bonus, the property includes a vacant buildable lot for future development. You could rent out the existing units while pursuing new construction options on the vacant lot.This property offers endless possibilities and is a unique find for savvy investors. Schedule a private tour today and explore the full potential this Leschi property has to offer!
MULTI-FAMILY
8 Units - Each Unit Includes
2 Bedrooms
1 Bathroom
OFFERED AT $2,700,000
MLS #2310424
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