Bought with Kidder Mathews
$1,755,000
$2,200,000
20.2%For more information regarding the value of a property, please contact us for a free consultation.
9,333 SqFt
SOLD DATE : 02/23/2023
Key Details
Sold Price $1,755,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,333 sqft
Price per Sqft $188
Subdivision Queen Anne
MLS Listing ID 2020248
Sold Date 02/23/23
Style 56 - 10+ Units
Year Built 1926
Annual Tax Amount $22,428
Lot Size 8,448 Sqft
Property Sub-Type Multi-Family
Property Description
Canal Apartments,N.Queen Anne, minutes to Ballard,Fremont,Downtown Seattle,a value-add opportunity,8,448-SF corner lot with C2-55 (M) zoning makes it an excellent candidate for redevelopment, while providing cash flow during the permitting process. Rent upside, 12 parking spaces,10 one-bedroom/one-bathroom units and 1 approx. 1,000-SF retail/office space potential to convert the commercial space into 1 or 2 apartment units*The property is brick veneer construction, featuring secured entry, wide corridors, original wood trim, dual-pane windows. Updates include an electrical system upgrade in the 1980s. Copper & PEX updates to original.
Location
State WA
County King
Area 700 - Queen Anne/Magnolia
Interior
Interior Features Fir/Softwood, Laminate, Wall to Wall Carpet
Flooring Softwood, Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick, See Remarks
Amenities Available Cable TV
View Y/N Yes
View Canal, City, Territorial
Roof Type Flat
Building
Lot Description Corner Lot, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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