800 Queen Anne AVE N Active

Seattle,WA 98109

$ 17350000

41 Beds

52 Baths

34018 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 34,018 sqft

Price per Sqft $510

Subdivision Queen Anne

MLS Listing ID 2308053

Style 56 - 10+ Units

Bedrooms 41

Year Built 1958

Annual Tax Amount $122,078

Lot Size 0.413 Acres

Property Description

Amazing opportunity to acquire a 49 unit, fully renovated trophy asset with value-add opportunities. Built in 1958 and extensively renovated in 2019, the Val Anne offers highly sought after classic mid-century modern units. Great unit mix of Studio, 1BD, 2BD and 2 penthouse units. 19 units have views of the City Skyline and Puget Sound, in addition 9 units enjoy private balconies. The two Penthouse units are in a league of their own with sweeping views of the city and sound. This is an exceptional opportunity for a new investor to acquire a top-quality investment that will continue to appreciate over time. Currently the rents are approximately 10% below market rates.

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Flooring Laminate,Vinyl

Exterior

Exterior Feature Brick,Stone,Wood,Wood Products

Amenities Available Patio,Rooftop Deck

View Y/N Yes

View Bay,Canal,Lake

Roof Type Flat

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Acceptable Financing Assumable,Cash Out,Conventional,Owner Financing

Listing Terms Assumable,Cash Out,Conventional,Owner Financing

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