Triplex with Redevelopment
118 27th Ave S Seattle, WA 98112
For Sale
$1,150,000
Existing triplex on a corner lot with separate meters, supporting interim income while an 8-unit townhouse project advances with the city.
Lot Size0.11 Acres
Days on Market23
Property Features for 118 27th Ave S
General Information
- Standard status
- Active
- Lot size
- 0.11 Acres
- Property subtype
- Land
Listing Agency:
Keller Williams Realty Bothell
(425) 482-6100
Listed By:
Erica Alexei
(425) 482-6100
Source:
Exprealty
Added: Jul 2
Changed: Jul 21
Last Checked: Jul 23 at 2:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Bothell
Investment Insights
Based on property information with market context.
This property includes an existing triplex and an advanced redevelopment package for an 8-unit townhouse project. The site is a corner lot and is zoned LR2 (M). The project is reported to be in the City of Seattle’s final correction stage, with much of the design and permitting work already completed. Architectural and third-party consultant fees have been paid, and the purchase price includes the price of the permits.
The existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, along with a shared laundry area. Separate meters and driveways on both sides of the lot add operational flexibility.
For the full project description, request the marketing file.
The existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, along with a shared laundry area. Separate meters and driveways on both sides of the lot add operational flexibility.
For the full project description, request the marketing file.
Key Highlights
- 4,900 SF corner lot in Seattle’s Central District, zoned LR2 (M)
- 8‑unit townhouse project is in the final correction stage with the City of Seattle
- Much of the design and permitting work is already completed
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Existing triplex on a corner lot with separate meters, supporting interim income while an 8-unit townhouse project advances with the city.
Where is this triplex located?
The property is located at 118 27th Ave S Seattle, WA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 4,900 SF corner lot in Seattle’s Central District, zoned LR2 (M); 8‑unit townhouse project is in the final correction stage with the City of Seattle; Much of the design and permitting work is already completed
