221 Belmont Avenue E
Seattle, WA 98102
8700 sqft | 0.11 acres | #2368693
Description
The Strand is an 18-unit brick building in the heart of Capitol Hill, one of Seattle’s most walkable, amenity-rich neighborhoods. Comprised of studio units ideal for urban renters, it features upgraded electrical systems (2013) & modern tankless water heaters (2022). Plans and permits are in place for three additional units and a seismic retrofit, enhancing revenue and value. An adjacent 11-unit building is also available, offering a rare chance to assemble 9,600 SF of MR(M)-zoned land. With a prime walkable location, a clear path to income growth through unit additions and interior enhancements & scale through an adjacent acquisition, The Strand presents an exceptional opportunity to own a character-rich asset in a high-demand submarkets.
Property Details
- FoundationPoured Concrete, See Remarks
- Lot DescriptionAlley, Curbs, Sidewalk
- Sewer InformationSewer Connected
- Style56 - 10+ Units
- SubdivisionCapitol Hill
- Property SubtypeMulti Family
- Structure TypeMulti Family
- Date ListedMay 01, 2025
- Original List Price$4,000,000
- Utility SourceCommunity
- School DistrictSeattle
- Taxes Annual$36,914
- MLS #2368693
- Cost4000000
- MLS #2368693
- Acres0.1102
- Exterior MaterialsBrick
- ViewCity
- Square Feet8700
- Year Built1928
- CountyKing
- Days on Market (Cumulative)18
- Stories3
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-05-01 15:43:13. 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.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Daniel Lim (#NWM115693)
Listing Office: Lee & Associates Commercial RE (#NWM6432)
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