$2,200,000
Queen Anne Triplex
Listing Type: For Sale
Property Type: Multi-Family
Status: Available
CBA ID#: 680011
1925 4th Ave W
Seattle, WA 98119

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Marketing Description:

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

Land Features:

  • Lot Size: 7200 SqFt
  • Lot Acreage: 0.17 Acres
  • Zoning: NR3

Building Features:

  • Building Size: 3310 SqFt
  • Available Space: 3310 SqFt
  • Number of Floors: 2
  • Cap Rate: 1.89%
  • Construction: Brick, Wood
  • Year Built: 1963
This Listing Supplied Courtesy of Paragon Real Estate Advisors
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity