Trophy location on the south slope of Queen Anne. Low maintenance brick, concrete exterior walkways, copper plumbing, common laundry, extra storage and a new TPO membrane roof. The 28 year owner allowed rents to lag, a new owner with renewed marketing and managment can raise rents and improve income by renovating units. Six units have views, tenants enjoy a short walk to lower Queen Anne, east to South Lake Union / Amazon and west to the new Expedia campus at Interbay. Potential 12th unit.
Listing courtesy of NWMLS / RE/MAX Metro Realty, Inc.
Last checked:
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Last updated Mar 17, 2023
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MLS# 1353697 —
The Building
Year Built:
1955
Year Built:
1987
Year Built Source:
Public Records
New Construction:
false
Structure Type:
Multi Family
Exterior Features:
Brick
Roof:
Built-Up
Units In Building Total:
11
Foundation Details:
Poured Concrete
# of Units Total:
11
Stories Total:
2
Building Area Total:
5585
Building Area Units:
Square Feet
Calculated SqFt:
5585
Interior
Furnished:
Unfurnished
Fireplace:
false
Financial & Terms
Possession:
Closing
Buyer Financing:
Conventional
Location
Latitude:
47.626466
Longitude:
-122.361459
Directions:
East (or west ) on Mercer, turn north on 2nd Ave W and left (west) on West Olympic Place
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Property Condition:
Good
Parcel Number:
3879901235
Lot Number:
4
Lot Features:
Paved
Lot Size Units:
Square Feet
Lot Size Acres:
0.1469
Lot Size SqFt:
6400
Lot Size Source:
County
Zoning Class:
Multi-Family
Electric On Property:
false
View:
City
View:
true
Waterfront:
false
Possible Use:
Multi-Family
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(206) 322-5700
Office phone:
(206) 322-5700
Taxes
Tax Year:
2018
Tax Annual Amount:
23508
The Listing
Special Listing Conditions:
None
Heating & Cooling
Heating:
true
Heating Cooling Type:
Baseboard
Utilities
Utilities:
Sewer Connected,Electricity Available
Sewer:
Sewer Connected
Water Sewer Garbage:
14565
Schools
High School District:
Seattle
The Community
Subdivision Name:
Queen Anne
Amenities:
Basement,Coin Op Laundry,Storage
Parking
Parking Total:
5
Parking Uncovered Spaces:
5
Open Parking:
true
Open Parking Spaces:
5
Carport:
false
Listing courtesy of NWMLS / RE/MAX Metro Realty, Inc.
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date
Event
Source
Price
% Change
11/30/18
Nov 30, 2018
Sold
NWMLS
$2,680,000
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Multifamily
Sold
on 11/30/2018
$2,680,000
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Listing courtesy of NWMLS / RE/MAX Metro Realty, Inc.
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by RE/MAX Metro Realty, Inc. and should be verified by the buyer.