800 Queen Anne AVE N, Seattle, WA 98109 - MLS#2308053

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Rob Shields

rob@nwaloha.com +1(360) 820-8875

Listed by Paragon Real Estate Advisors

$17,350,000

Est. payment - /mo

41 Beds

52 Baths

34,018 SqFt

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UPDATED:

11/14/2024 04:14 AM

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

Interior Features Laminate Hardwood

Flooring Laminate, Vinyl

Fireplace false

Exterior

Exterior Feature Brick, Stone, Wood, Wood Products

Amenities Available Patio, Rooftop Deck

Waterfront No

View Y/N Yes

View Bay, Canal, Lake

Roof Type Flat

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Assumable, Cash Out, Conventional, Owner Financing

Listing Terms Assumable, Cash Out, Conventional, Owner Financing

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Rob Shields

+1(360) 820-8875

Broker | License ID: 26737

Broker License ID: 26737