221 Belmont Avenue E

Seattle, WA 98102

  • Bed

  • Bath

  • 8700 SqFt

  • 13 DOM

  • Built: 1928

  • Status: Active

$4,000,000

X

221 Belmont Avenue E

Seattle 98102

$4000000

  • Bed

  • Bath

  • 8700 SqFt

  • 13 DOM

  • Built: 1928

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 8700

  • Flat

  • 56 - 10+ Units

  • 1928

  • Poured Concrete, See

  • Basement, Coin Op Lau

Features and Utilities

  • Brick

  • Community

  • Sewer Connected

  • 0

Financial

  • 36914

  • Cash Out, Conventional

  • 05-01-2025

Comparable Information

  • 13

  • 13

  • Cash Out, Conventional

  • $4,000,000

  • $4,000,000

  • May 01, 2025 15:30

Schools

Map

Listing courtesy of Lee & Associates Commercial RE.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: May 14, 2025 23:32 | Listing last modified May 01, 2025 15:30. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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