$218K PER UNIT IN A+ LOCATION WITH VALUE-ADD UPSIDE! 717 3rd Ave N is an 8-unit apartment investment located on the desirable south slope of Queen Anne, offering residents walkable access to major employers, shopping, dining, the Space Needle, Seattle Center, and Climate Pledge Arena. The building was… Read More originally constructed in 1945 with wood framing and features copper plumbing, updated electrical panels, double-pane vinyl windows, brick veneer, and horizontal and vertical cedar lap siding. A private parking lot with eight stalls is located on the west side of the property. The building sits on a 7,860-square-foot lot zoned LR3, a popular low-rise zoning designation in Seattle that allows for the development of townhomes, apartments, and row houses. The property consists of eight one-bedroom, one-bathroom units, each averaging approximately 470 square feet. Each unit has been extensively updated with hardwood flooring, new granite countertops, electric baseboard heating, new cabinetry, new appliances, new lighting fixtures, new doors, and fully renovated bathroom fixtures. Additionally, two top-floor units feature private balconies. These efficient, modernized one-bedroom units are low-maintenance and require minimal capital investment upon turnover. An assumable loan with a 3.52% interest rate is available for qualified buyers. Read Less
Listing courtesy of Blake Investment Advisors
Listing Snapshot
Cumulative Days On Market
8
Days on Website
41
Last Updated
Property Type
Multi Family
Square Ft.
3,760
Lot Size
0.18 Acres
Year Built
1945
Property Tax
$24,338
MLS Number
2532678
30 Days Snapshot Of 98109
$1.11M
-11%
(avg) sold price
24
-33%
homes sold
85
+66%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 3760, Building Area Units: Square Feet, Calculated Square Footage: 3760, Elevation Units: Feet, Leasable Area: 3760, Living Area: 0, Number Of Units Total: 8, Stories Total: 2, Structure Type: "Multi Family", Units In Building Total: 8, Year Built: 1945
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
Confirm your time
Fill in your details and we will contact you to confirm a time.