800 Queen Anne Avenue N, Seattle, WA 98109

Active

800 Queen Anne Avenue N, Seattle, WA 98109


Courtesy of: Cathy Jeney | Paragon Real Estate Advisors
$17,350,000 Seattle, WA 98109
  • 0.41 Acres
  • King County

Key Features

  • MLS ID: 2308053
  • Year Build: 1958
  • Status: Active
  • Property Type: Residential Income
  • Area: 700 - Queen Anne/Magnolia
  • Exterior: ["Brick","Stone","Wood","Wood Products"]
  • Address: 800 Queen Anne Avenue N, Seattle, WA 98109
  • City: Seattle
  • State: WA
  • Zip: 98109
  • County: King

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.

Property Map

From I5S take exit 167 for Mercer St toward Seattle Center. Straight on Mercer. Right on Queen Anne Ave N. Straight on Queen Anne N. Property is on the right.

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