717 3rd AVE N, Seattle, WA 98109
717 3rd AVE N, Seattle, WA 98109
717 3rd AVE N, Seattle, WA 98109
717 3rd AVE N, Seattle, WA 98109
717 3rd AVE N, Seattle, WA 98109
717 3rd AVE N, Seattle, WA 98109
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Gordy Lindstrom

Gordy Lindstrom

+1(425) 772-5845
Listed by:Blake Investment Advisors • Gabe Blake
$ 1,749,000
Est. payment | /mo

8 Beds

8 Baths

3,760 SqFt

Save
$ 1,749,000
Est. payment | /mo
Save

8 Beds

8 Baths

3,760 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,760 sqft

Price per Sqft $465

Subdivision Queen Anne

MLS Listing ID 2532678

Style 55 - 5-9 Units

Bedrooms 8

Year Built 1945

Annual Tax Amount $24,338

Lot Size 7,680 Sqft

Property Sub-Type Multi Family

Property Description

$218K PER UNIT IN "A+" LOCATION WITH VALUE-ADD UPSIDE! | 717 3rd Ave N is an 8-unit apartment investment located on the desirable south slope of Queen Anne, offering residents walkable access to major employers, shopping, dining, the Space Needle, Seattle Center, and Climate Pledge Arena. The building was originally constructed in 1945 with wood framing and features copper plumbing, updated electrical panels, double-pane vinyl windows, brick veneer, and horizontal and vertical cedar lap siding. A private parking lot with eight stalls is located on the west side of the property. The building sits on a 7,860-square-foot lot zoned LR3, a popular low-rise zoning designation in Seattle that allows for the development of townhomes, apartments, and row houses. The property consists of eight one-bedroom, one-bathroom units, each averaging approximately 470 square feet. Each unit has been extensively updated with hardwood flooring, new granite countertops, electric baseboard heating, new cabinetry, new appliances, new lighting fixtures, new doors, and fully renovated bathroom fixtures. Additionally, two top-floor units feature private balconies. These efficient, modernized one-bedroom units are low-maintenance and require minimal capital investment upon turnover. An assumable loan with a 3.52% interest rate is available for qualified buyers.

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
NEARBY SCHOOLS & PROPERTIES
Gordy Lindstrom

?My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ?

+1(425) 772-5845

gordy@pdhomegroup.com

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717 3rd AVE N