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11752 Burke Ave N Seattle, WA 98133

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For Sale
$1,200,000

Turnkey triplex in Northgate with redevelopment possibilities.

Lot size:
0.22 Acres

Property Features for 11752 Burke Ave N

General Information

Standard status
Active
Lot size
0.22 Acres

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Listing Contact
Arlene K Nornes
Arlene K Nornes
Source: Corcoran

Listing Agency: WINDERMERE REAL ESTATE GH LLC Listing Agent: Arlene K Nornes

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Northgate Triplex with Development Potential

This triplex is located on a dead-end street in a quiet residential Northgate neighborhood. The property is a fully occupied triplex with long-term tenants. The property has high development potential and is zoned LR2(M) in a low-cost area. The large, level lot may offer redevelopment potential for 7-10 townhouse units, but buyers should verify this potential. The property includes a private, fully fenced backyard shared by the tenants. There is ample parking with 6 off-street parking spaces, including 1 attached garage space. Tenants are responsible for paying their portion of the utilities. Rents are currently under market value, offering room for potential increases. Unit 1 is scheduled to have new carpet and paint in 2025, with its lease ending in August 2026. Units 2 and 3 are currently month-to-month with long-term tenants. The property is located behind Northwest Hospital and is near buses, shopping, and Sound Transit.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Seattle
County
King
State
Washington
Longitude
-122.335107
Latitude
47.7154281

FAQs

What type of property is this?
Triplex - Turnkey triplex in Northgate with redevelopment possibilities.
Where is this triplex located?
The property is located at 11752 Burke Ave N Seattle, WA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - High development potential: Zoned LR2(M) on a large, level lot, potentially allowing for 7-10 townhouse units (buyer to verify).; - Turnkey triplex: Fully occupied with long-term tenants, providing immediate rental income.; - Ample off-street parking: Includes 6 spaces with 1 attached garage space.
More about this property
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