Lake City Homes with 53 - Tri-plex Style

Lake City Homes with 53 - Tri-plex Style

Welcome to Lake City, a vibrant and welcoming neighborhood in the heart of Seattle, Washington. Nestled within King County, Lake City is known for its lush green spaces, diverse community, and a rich blend of urban convenience and suburban charm. This area boasts a variety of amenities, including local shops, cafes, and parks, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of Lake City is its unique housing options, particularly the tri-plex style homes. These charming residences offer a perfect blend of space and functionality, making them an excellent choice for those looking to invest in multi-family living or seeking a home with rental potential. With three distinct units under one roof, tri-plex homes in Lake City provide ample opportunities for income generation while maintaining a sense of community.

The layout of these tri-plex homes is designed for comfort and privacy, featuring modern amenities and thoughtful designs that cater to today’s lifestyle. Residents can enjoy spacious living areas, well-equipped kitchens, and private outdoor spaces, all while being part of a thriving neighborhood. Lake City’s proximity to major highways and public transportation makes commuting a breeze, allowing residents to easily access downtown Seattle and beyond.

Whether you’re looking to invest or find your forever home, Lake City’s tri-plex style homes offer a unique opportunity to embrace the Seattle lifestyle. Discover the charm of this community and the potential of these versatile homes—your ideal living space awaits!

Newest Lake City Homes with 53 - Tri-plex Style

$1,216,800
2489986 MLS ⋅ ACTIVE Status
Investor-Ready Cash-Flowing Triplex in Meadowbrook’s LR3(M) Growth Zone Fully stabilized 1960 triplex in northeast Seattle’s Meadowbrook neighborhood. Each of the three identical 3-bed/1-bath units is 1,100 SF and leased through 2026-2028. Tenants pay all utilities (electric directly; sewer/water/garbage via RUBS). Each unit has separate laundry, and the property includes seven off-street parking spaces. Capital Improvements (2019–2026): New SquareD panels, GFCI bath/kitchen upgrades, dedicated appliance/bath circuits, targeted heater replacements, PEX refit in Apts. A/C, bathtub re-plumbing, new toilets, new water heaters, new carpet/vinyl flooring, newer kitchen/bath cabinets, appliances, window coverings, interior paint, redirected drainage, and vinyl windows. Deferred maintenance addressed; capex schedule available. Location & Zoning Upside: Meadowbrook (98125) offers residential character and LR3(M) density upside. Rapid bus lines are within a 5-minute walk, Northgate light rail is about a 10-minute drive, and the Burke-Gilman Trail is nearby. Lake City Way adds nearby retail and dining convenience. Target Buyer: Small investor seeking stable cash flow or portfolio buyer consolidating LR3(M)-zoned assets. Clean title, clean books, clean systems. Boundary survey completed in 2018, adding due diligence value.

12317 35th Avenue NE, Seattle

Listing courtesy of MLS4owners.com.

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