307 Queen Anne AVE N, Seattle, WA 98109
307 Queen Anne AVE N, Seattle, WA 98109
307 Queen Anne AVE N, Seattle, WA 98109
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Listed by:Kidder Mathews • Max Frame
$4,750,000
Est. payment /mo
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1 Bed
3 Baths
13,545 SqFt
New

307 Queen Anne AVE N Seattle, WA 98109

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Adrian Chu

Adrian Chu

+1(206) 407-5452

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/

Northwest MLS (NWMLS)
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Adrian Chu

Adrian Chu

Founder & CEO

+1(206) 407-5452

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307 Queen Anne AVE N