Amazing Investment Opportunity! Welcome to the Anne Marie Apartment, a well-maintained and extensively renovated 10-unit classic building located in the highly sought-after Lower Queen Anne neighborhood (South Slope). Situated on a 6,000 SF lot, this property is incredibly walkablejust steps from the Seattle Center, Gates Foundation, Belltown, South Lake Union, and the waterfront. Tenants enjoy a vibrant area boasting cafes, restaurants, parks, excellent public transit access, and breathtaking views of the Space Needle and the city skyline.Generate significant cash flow right away with the building's numerous reliable, long-term tenants. Alternatively, the property offers fantastic flexibility; thanks to its unbeatable proximity to major tourist attractions and corporate hubs, it is ideally positioned for flexible operations like temporary corporate housing or short-term rentals (such as Airbnb) to further maximize your return on investment. The building features shared on-site coin-operated laundry facilities and a tremendous list of capital improvements, making it a fantastic turnkey investment in one of Seattle's most desirable areas.
| MLS # | 2499210 |
|---|---|
| Listing Type | For Sale |
| Building Name | Mercer's Add 02 To N Seattle |
| Sub-Type | Resale |
| Status | Active |
| Year | 1909 |
| Days On Site | 130 |
| Listing Provided By | Prolink Realty, LLC | Donald C. Tsai |
| SQ Feet | 5,646 |
|---|---|
| Story(s) | 3 |
| Units | 11 |
| Zoning | Multi-Family |
| Acreage | 0.14 |
| Property View | Yes |
| Property | 21354 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98109 |
| Area | 700 Queen Anne | Magnolia |
| Community Name | Queen Anne |
| School District | Lincoln High |
| Elementary School | John Hay Elementary |
| High School | Lincoln High |
| Listing VS Median (in Queen Anne) | |
Price: $2,500,000 low | high Med: $675,000 sqft: 5,646 low | high Med: 1,440 $ / sqft: $443 low | high Med: $469 On site: 130 low | high Med: 211 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98109 |
| Area | 700 Queen Anne | Magnolia |
| Community Name | Queen Anne |
| School District | Lincoln High |
| Elementary School | John Hay Elementary |
| High School | Lincoln High |
| Listing VS Median (in Queen Anne) | |
Price: $2,500,000 low | high Med: $675,000 sqft: 5,646 low | high Med: 1,440 $ / sqft: $443 low | high Med: $469 On site: 130 low | high Med: 211 | |
![]() | $5,308,000362 Ward StreetSeattle, WA 98109 |