Address: 2223 3rd Avenue W
Neighborhood: Queen Anne
Square Feet: 2,540
Property Type: Triplex
An ideal opportunity for a new investor to acquire a legal duplex with a 3rd unit — with strong rental upside. With minimal updating, rents could be increased by 50% or more. Current leases are month-to-month; same main floor tenant for 30+ years.
Located on a coveted top-of-Queen Anne residential street with an 89 Walk Score, this home is just minutes to Downtown, Google, FaceBook, Amazon & Expedia. And just three short blocks to everything QA has to offer! Fantastic selection of cafes & eateries, shopping, and parks. Elementary & Middle Schools are just .3 and .2 miles away.
The triplex consists of three spacious 1-bedroom/1-bathroom apartments of 795, 850 & 895 SQFT. Each unit has its own floor for privacy.
Options abound: live in one unit (or expand to two!) and rent the others. The Upper Queen Anne location would make an ideal single family home with a rental unit, ADU and/or Airbnb rental.
Very solid building & investment.