About this property

Fully leased Georgetown triplex offering immediate income, historic Seattle charm and compelling future upside. Currently generating $6,800/month in gross rent, this classic 1900 Craftsman has been thoughtfully remodeled for modern comfort while retaining the character of its historic roots. The property features a desirable unit mix with an upper 3 bedroom, 1 bath residence plus two lower 1 bedroom, 1 bath units. Each residence features its own in-unit washer and dryer, while recent improvements include a new roof and air conditioning for all three units, adding to the property’s long-term appeal and tenant comfort. Set in one of Seattle’s most distinctive neighborhoods, the property offers convenient access to Georgetown’s vibrant dining, arts and creative scene, as well as I-5, SoDo and Downtown Seattle. Previously approved plans for an additional basement dwelling unit are available, presenting an exciting potential value-add opportunity, subject to current permitting and buyer verification. A rare opportunity to own a piece of Seattle history while investing in its future, with established income in place and long-term potential.