Bought with Kidder Mathews
$4,950,000
$4,950,000
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10,140 SqFt
SOLD DATE : 06/30/2022
Key Details
Sold Price $4,950,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,140 sqft
Price per Sqft $488
Subdivision Queen Anne
MLS Listing ID 1898575
Style 56 - 10+ Units
Year Built 1955
Annual Tax Amount $40,361
Lot Size 8,400 Sqft
Property Description
Located in Seattle's extremely desirable Uptown/Seattle Center neighborhood, Queen Villa is a 22-unit apartment building positioned just blocks from Climate Pledge Arena and a variety of other community amenities. The property boasts an 8,400-SF lot with zoning that allows for an 85-foot development height and up to 44,100 total square feet, while the existing structure was built to last, and offers a new owner immediate rental upside and, with remodeling/renovations, a cash-flow opportunity. Queen Villa was purchased by the current ownership in 1955 when the property was brand new and is on the market for the first time in 67 years. With a "Walker's Paradise" walk score of 94, Queen Villa is well located near and abundance of amenities.
Location
State WA
County King
Area 700 - Queen Anne/Magnolia
Exterior
Exterior Feature See Remarks
Utilities Available Sewer Connected, Electric
View Y/N Yes
View Bay, City, Territorial
Roof Type Flat
Building
Lot Description Alley, Curbs, Paved, Sidewalk, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools John Hay Elementary
Middle Schools Mc Clure Mid
High Schools Lincoln High
School District Seattle
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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