Description
This is a unique opportunity to purchase 6 huge 1,289 SqFt - 2BD/1.75BTH condominium units with high-end interior finishes, 3 double car parking garages and decks to enjoy sweeping views of Lake Union. Located on Dexter Avenue, this opportunity is centrally located and minutes from South Lake Union and Downtown Seattle. This opportunity presents a variety of investment routes that someone can pursue. A straightforward option is for an investor to purchase the property and renovate the units to increase rental income or sell the units off individually. Another investment play is to develop the back of the lot and add multiple townhouses (buyer to verify) or to tear down the existing structure and build a new development project.
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0BEDS
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0.28ACRES
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0BATHS
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01/2 BATHS
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7,734SQFT
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$582$/SQFT
Listing information ©2023 Northwest MLS. Listing courtesy of Paragon Real Estate Advisors.
Sold by .Description
This is a unique opportunity to purchase 6 huge 1,289 SqFt - 2BD/1.75BTH condominium units with high-end interior finishes, 3 double car parking garages and decks to enjoy sweeping views of Lake Union. Located on Dexter Avenue, this opportunity is centrally located and minutes from South Lake Union and Downtown Seattle. This opportunity presents a variety of investment routes that someone can pursue. A straightforward option is for an investor to purchase the property and renovate the units to increase rental income or sell the units off individually. Another investment play is to develop the back of the lot and add multiple townhouses (buyer to verify) or to tear down the existing structure and build a new development project.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-06-03T14:15:38.637. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-06-03T14:15:38.637. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.