Capitol Hill Homes with Rehab Loan Terms

Capitol Hill Homes with Rehab Loan Terms

Welcome to Capitol Hill, a vibrant neighborhood located in Seattle, Washington. Known for its eclectic mix of historic homes, trendy boutiques, and bustling nightlife, Capitol Hill offers a unique blend of urban living and community charm.

This diverse neighborhood is situated in King County, Washington, and is a popular choice for those seeking a dynamic city lifestyle with a touch of local flair. From quaint coffee shops to trendy restaurants, Capitol Hill has something for everyone.

If you're looking to invest in a home in Capitol Hill, you'll be pleased to know that there are options available with rehab loan terms. This means that you can purchase a property in need of renovation and finance the costs of the upgrades into your mortgage. It's a great opportunity to customize your home to your liking while adding value to your investment.

Whether you're a first-time homebuyer or a seasoned real estate investor, Capitol Hill has a lot to offer. With its prime location, unique character, and homes with rehab loan terms, this neighborhood presents an exciting opportunity for those looking to make their mark in Seattle's real estate market.

Newest Capitol Hill Homes with Rehab Loan Terms

$950,000
3 Beds ⋅ 2 Baths ⋅ 2539377 MLS ⋅ ACTIVE Status
Madison Valley redevelopment opportunity offering multiple paths for value creation in a prime location surrounded by continued growth, investment, and strong neighborhood demand.For buyers not pursuing immediate ground-up development, the existing structure presents compelling potential. A thoughtful renovation and reconfiguration may create two separate residential units, offering an owner/user setup, income opportunity, or long-term hold while preserving future redevelopment options.For larger-scale redevelopment, the property is zoned NC2-75 (M1), allowing exciting mixed-use possibilities with heights up to 75 feet. Ideal for developers, assemblage buyers, investors, or those seeking long-term upside.Situated on an approx. 4,030 SF lot, the site may support a variety of concepts, including residential above ground-floor commercial or amenity space, subject to buyer verification, design review, and permitting. Preliminary planning suggests approximately 20,000–28,000 SF of gross buildable area and roughly 25–40 residential units, depending on design, unit mix, parking strategy, and commercial use.An exceptional opportunity in one of Seattle’s most sought-after neighborhoods with convenient access to retail, dining, transit, employment centers, and continued area growth. Buyer to verify zoning, unit count, rental potential, and redevelopment feasibility to their satisfaction.

1821 E Howell Street, Seattle

Listing courtesy of Windermere Mercer Island.

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