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.
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.
Listed by:
Urban Commercial Partners, LLC
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