2451 Aurora Ave N

Seattle, WA 98109
$2,300,000
  • 1950 Year Built
  • 0.45 Acres

Property Highlights

Neighborhood:
Queen Anne
Light Rail Distance:
1.93 mi (Capitol Hill Station)
Acreage:
0.45 acres

Listing Courtesy of Northwest MLS / Keller Williams Downtown Sea

Sold
1/7 PHOTOS
  • Property Description
    Hillside Motel - 20 Units in Highly Desirable Queen Anne Neighborhood. 12 Unit Motel - 3,182 SQFT | 8-Plex - 3,582 SQFT | 19,723 SQFT Lot. New MHA Zoning: C1-55 (M) | 3.75 FAR allows for flexible redevelopment options including Multi-Family, Office, Retail, Hotel, Industrial, Etc. Value-Add Opportunity for an investor interested increasing gross revenue through renovations, and reducing expenses through better management. 2019 Actual NOI: $234,393 | Actual Cap Rate: 10.2%.
  • Property Details
    • MLS ID:
      1537950
    • Area:
      Queen Anne/Magnolia
    • Community:
      Queen Anne
    • County:
      King County
    • Flooring:
      Vinyl, Wall to Wall Carpet
    • Lot Size:
      0.45 acres
    • Property Type:
      Commercial/Industrial
    • Status:
      Sold
    • Year Built:
      1950
  • Additional Highlights
    • Exterior:
      Cement/Concrete, Wood
    • Heating / Cooling:
      Baseboard
    • Roofing:
      Composition, Metal
    • Water Source:
      Public
    • Zoning:
      Multi-Family, See Remarks
  • Amenities
    • Comm. Features:
      Signage Included
  • Taxes and Fees
    • Taxes (Est):
      $22,156
    • Taxes (Year):
      2019

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Location

2451 Aurora Ave N, Seattle Washington, 98109 United States

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2451 Aurora Ave N, Seattle, Washington 98109 United States

Queen Anne Neighborhood

Price Range :
$230K-$11M

Queen Anne

Marked by mostly traditional and Craftsman homes, Queen Anne is named for its “Queen Anne” style houses and is noted for its family friendly setting, outdoor pool for summer use, hills for sledding in winter and walkability to stellar schools and parks. Though situated in close proximity to downtown Seattle, some would say Queen Anne function as its own “island” where residents find all they need close to home at one-of-a-kind restaurants...

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2451 Aurora Ave N, Seattle Washington, 98109 United States

Disclaimer: The information contained in this listing has not been verified by Realogics Sotheby's International Realty and should be verified by the buyer.

Disclaimer: The information contained in this listing has not been verified by Realogics Sotheby's International Realty and should be verified by the buyer.