Eastlake Homes with 53 - Tri-plex Style

Eastlake Homes with 53 - Tri-plex Style

Welcome to Eastlake, a vibrant neighborhood nestled along the shores of Lake Union in Seattle, Washington. Known for its picturesque views and a strong sense of community, Eastlake offers residents a unique blend of urban living and natural beauty. With its tree-lined streets, charming waterfront parks, and an array of local shops and eateries, this neighborhood is perfect for those who appreciate the best of both worlds.

One of the standout features of Eastlake is its diverse housing options, particularly the tri-plex style homes that grace the area. These thoughtfully designed residences provide an ideal living arrangement for families, professionals, or investors seeking rental opportunities. Tri-plex homes in Eastlake offer spacious layouts, modern amenities, and the potential for multi-generational living or income generation through rental units.

Living in Eastlake means enjoying easy access to the vibrant Seattle lifestyle. Residents can take a leisurely stroll along the waterfront, indulge in the local coffee culture, or savor a meal at one of the many acclaimed restaurants. The neighborhood is also conveniently located near major thoroughfares, making commutes to downtown Seattle or the University of Washington a breeze.

For those who appreciate outdoor activities, Eastlake is a gateway to numerous recreational opportunities, including boating, kayaking, and biking along the scenic Burke-Gilman Trail. With its welcoming atmosphere, stunning views, and a strong sense of community, Eastlake is not just a place to live; it's a place to thrive. Discover the charm of tri-plex living in Eastlake and embrace a lifestyle where comfort meets convenience!

Newest Eastlake Homes with 53 - Tri-plex Style

$1,149,000
2532062 MLS ACTIVE Status
Ask about seller-paid 2% rate buydown potentially providing 5% interest Located in one of Seattle's most sought-after neighborhoods, this charming Eastlake property presents a rare opportunity for both investors and owner-occupants. Perfectly positioned just minutes from Lake Union, downtown Seattle, South Lake Union, and Capitol Hill, the property benefits from Eastlake's unbeatable walkability, vibrant restaurant scene, coffee shops, waterfront access, and convenient transit connections. The property has a long history of strong occupancy and consistently attracts high-quality tenants thanks to its highly desirable location and neighborhood appeal. Eastlake remains one of Seattle's most resilient rental markets, known for low vacancy and strong rental demand driven by nearby tech and medical employment centers. Currently configured as a legal triplex, the property offers flexible income-producing potential with the opportunity for owner-occupancy while offsetting expenses through rental income. The property also includes additional shared storage and laundry space, along with valuable future upside through its LR2(M) zoning and development potential. Whether you are looking for a stable investment property, a future development opportunity, or a home in one of Seattle's most amenity-rich neighborhoods, this Eastlake property offers exceptional long-term value in a premier location.

267 E Newton Street, Seattle

Listing courtesy of Pacific Crest.

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