Rare opportunity to acquire a stablized asset in Seattle's Queen Anne submarket with proven income stream. This property consists of 2 residential units, both 1 bed/1 bath and approximately 545 Square Feet. There is a long term Commercial/Office tenant occupying the basement & garage area with solid income of $5,000 per month. Commercial tenant has long term lease in place (2 years) but could be flexible vacate sooner if owner/occupant requires the space. Property is ideally located on the North end of Queen Anne near SPU, Fremont, Wallingford, Ballard & U-District. Major employers nearby including Amazon, Meta, Google, Adobe, Tableau & Brooks Sports. Potential to puchase with neighboring triplex at 634 W. Nickerson.
Listing Provided Courtesy of Pat Suarez, Urban Commercial Partners, LLC
General Information
NWM2372257
Multi Family
2
DOM
3598.06 SqFt
0
1942
King
Residential Incom
Multi Family
Listing Provided Courtesy of Pat Suarez, Urban Commercial Partners, LLC
Krishna Realty data last checked: Jun 06, 2025 10:41 | Listing last modified May 09, 2025 19:02,
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Residence Information
0
Composition
53 - Tri-plex
1942
Features and Utilities
Wood, Wood Products
Available
0
Financial
7570
Cash Out, Conventional
05-07-2025
Comparable Information
2
2
Cash Out, Conventional
$1,250,000
$1,250,000
May 09, 2025 19:02
Schools
Map
Listing courtesy of Urban Commercial Partners, LLC.
Rare opportunity to acquire a stablized asset in Seattle's Queen Anne submarket with proven income stream. This property consists of 2 residential units, both 1 bed/1 bath and approximately 545 Square Feet. There is a long term Commercial/Office tenant occupying the basement & garage area with solid income of $5,000 per month. Commercial tenant has long term lease in place (2 years) but could be flexible vacate sooner if owner/occupant requires the space. Property is ideally located on the North end of Queen Anne near SPU, Fremont, Wallingford, Ballard & U-District. Major employers nearby including Amazon, Meta, Google, Adobe, Tableau & Brooks Sports. Potential to puchase with neighboring triplex at 634 W. Nickerson.
