Exceptional investment opportunity on the western slope of Queen Anne. This well-maintained mid-century five-plex offers strong income, consistently low vacancy, and compelling long-term potential. The building and all five units are in great condition and each unit has its own dedicated storage unit in the basement. An attractive cap rate… Read More provides solid returns today with potential to further maximize income over time. The location provides quick access to Interbay, Ballard, Fremont, Magnolia, Downtown Seattle, and Highway 99, making it highly desirable for tenants seeking convenience and connectivity. Residents also enjoy easy access to Queen Anne's vibrant restaurants, cafés, shopping, parks, and major employment centers. A dependable, income-producing asset in one of Seattle's premier neighborhoods, with the potential to benefit from continued appreciation and future value-add. Pre-listing inspection report available upon request. Read Less
Listing courtesy of Coldwell Banker Danforth
Listing Snapshot
Cumulative Days On Market
39
Days on Website
38
Last Updated
Property Type
Multi Family
Square Ft.
4,288
Lot Size
0.14 Acres
Year Built
1962
Property Tax
$15,593
MLS Number
2576773
Additional Details
Building
Built in 1962, Built in 1990 (effective), 3 stories, Construction Materials: Brick
Cooling
None
Energy Saving
Energy Efficiency: Thermal Windows
Expenses
Electric: $611, Fuel: $2,922, Insurance: $4,269, Other Expense: $3,177
Exterior Features
Brick
Floors
Laminate, Vinyl Plank, Carpet
Foundation
Poured Concrete
Garage
5 spaces
Heating
Baseboard, Radiant
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $126,288, Net Operating Income: $94,892
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 ,
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