LISTING DETAILS

Queen Anne Triplex

1925 4th Ave W Seattle WA 98119

Listing #: 680011 | Status: Available | Last Modified: 5/15/2024

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	67,830
Vacancy Factor %	5.00%
Operating Expenses	22,913
Net Operating Income	41,525
CAP Rate	2.14 %

Detail Listing Information
Min Total SF	0 SF
Max Total SF	0 SF
Lease Rate Low	$ 0.00
Lease Rate High	$ 0.00
Total Units	3

Retail Information
Signage	Signage on Building and Freestanding

Financial Summary
CAP Rate	2.141

Building Information
Building Status	Existing
# of Buildings	1
# of Floors	2
# of Units	3
Total Building SF	3,310 SF
Net Rentable Area	3,310 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	7,200 SF
Acres	0.17
Year Built	1963
Construction Type	Brick, Wood

Property Type
Property Type	Multi-Family
Investment	Yes

Location
County	King
Market Area	Queen Anne/Magnolia
Tax ID #	2397100865
Zoning	NR3

Queen Anne Triplex

Public Comments

We are pleased to present the exclusive listing of the Queen Anne Triplex, located in a quiet residential pocket at the top of Queen Anne Hill. The triplex consists of 3 – 2 bedroom/1 bathroom units that have all been updated since 2018. On the 7,200 SqFt lot, there is a front and backyard, 3 off-street parking spaces, and a 2-car garage that has had its roof replaced. The plumbing systems have been updated with a mix of copper and PEX but there is a small amount of original galvanized pipe. This property has been passively managed for the last few years and is ready for a new owner to take it to the next level. Rents are significantly below market, but all tenants are on month-to-month leases. The top floor unit can be vacant at closing, creating a great opportunity for an owner-user. T

Queen Anne Triplex
1925 4th Ave W Seattle WA 98119

Listing #: 680011 | Status: Available | Listing Date: 4/8/2024 | Last Modified: 5/15/2024 | Email Listing

For Sale

Queen Anne Triplex

Listing Images