$17,350,000
For Sale

800 Queen Anne Avenue N

Seattle, WA 98109
34018 sqft | 0.41 acres | #2308053
Listing OfficeParagon Real Estate Advisors
Browse 25 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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 Details
      • Exterior MaterialsBrick, Stone, Wood, Wood Products
      • Exterior FeaturesPatio, Rooftop Deck
      • InteriorLaminate Hardwood
      • Date ListedNovember 04, 2024
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • ViewBay, Canal, Lake
      • Style56 - 10+ Units
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • Original List Price$17,350,000
      • SubdivisionQueen Anne
      • Property ConditionRemodeled
      • Taxes Annual$122,078
      • Cost17350000
      • School DistrictSeattle
      • MLS #2308053
      • MLS #2308053
      • Acres0.4132
      • Square Feet34018
      • Year Built1958
      • CountyKing
      • Days on Market (Cumulative)229
      • Stories5
Jeannie Kundig
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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