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Listed by Sea to Sky Realty
$2,100,000
Est. payment /mo
9 Beds
5 Baths
4,762 SqFt
UPDATED:
11/19/2024 05:50 AM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,762 sqft
Price per Sqft $440
Subdivision Queen Anne
MLS Listing ID 2056157
Style 55 - 5-9 Units
Bedrooms 9
Year Built 1912
Annual Tax Amount $17,206
Lot Size 7,177 Sqft
Property Description
Rare Value-Add/Development opportunity in excellent east slope Queen Anne location, one block north of Highland Drive, with outstanding views of the city, Lake Union, and the Cascade Mountains. The property offers potential for interior/exterior upgrades that could lead to significant rental increases and improved returns. The zoning allows new development for about 20 500sf apartment units or 10 1,250sf townhouse units (Buyer to verify). Great flexibility to start the project promptly or hold with current leases.
Location
State WA
County King
Area 700 - Queen Anne/Magnolia
Interior
Fireplace false
Exterior
Exterior Feature Brick, Stucco, Wood
View Y/N Yes
View City, Lake, Mountain(s)
Roof Type Cedar Shake,Composition,Flat
Building
Lot Description Dead End Street, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA
Listing Terms Cash Out, Conventional, FHA
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