40
See all 40 photos
Listed by:Kidder Mathews • Max Frame
$4,750,000
Est. payment /mo
1 Bed
3 Baths
13,545 SqFt
New
307 Queen Anne AVE N Seattle, WA 98109
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,545 sqft
Price per Sqft $350
Subdivision Queen Anne
MLS Listing ID 2595687
Style 56 - 10+ Units
Bedrooms 1
Year Built 1925
Annual Tax Amount $52,505
Lot Size 7,200 Sqft
Lot Dimensions 7200
Property Sub-Type Multi Family
Property Description
he Kenneth Apartments presents an exceptional investment opportunity in Seattle's desirable Lower Queen Anne neighborhood, just one block from Climate Pledge Arena and steps from Seattle Center, the Space Needle, dining, shopping, and entertainment. Built in 1925, this 24-unit property features classic brick and terra cotta architecture with a mix of 3 efficiency units, 9 studios, and 12 one-bedroom apartments. The property offers approximately 13,545 rentable square feet, seven surface parking stalls, and on-site laundry. Capital improvements include updated electrical panels, double-pane windows, a new boiler in 2023, and an updated fire alarm panel in 2018. Original hardwood floors, millwork, and built-ins provide character and opportunities for value-add renovations. Offered at approximately $198,000 per unit, The Kenneth provides investors with an opportunity to increase rental income through interior improvements and bringing rents closer to market levels. An assumable interest-only loan offers an additional financing option, subject to lender approval. Ideally positioned near major employment centers in Downtown Seattle and South Lake Union, The Kenneth combines historic charm, rental upside, and an outstanding urban location.
Location
State WA
County King
Area 700 - Queen Anne/Magnolia
Interior
Flooring Hardwood, Vinyl Plank
Fireplace false
Exterior
Exterior Feature Brick
View Y/N No
Roof Type Flat
Building
Lot Description Curbs
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Assumable, Cash, Conventional
Listing Terms Assumable, Cash, Conventional
Virtual Tour https://simonandersonteam.com/listings/the-kenneth/
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION