Overview

Highlights

• Potential to Owner Occupy for more advantageous lending terms!
• Prime Queen Anne Location
• Roof Replaced in 2020 and Exterior Painted in Sept 2024
• Four Spacious Units
• Potential to Add a Unit or Expand Net Rentable Square footage
• LR3 (M) zoning

Description

The Lee & Associates Northwest | Multifamily Team is pleased to present 2601 14th Ave W, an Owner Occupancy investment opportunity in Queen Anne while leveraging rental income to build long-term wealth. Whether you’re an aspiring investor looking to make a strategic first purchase or a seasoned buyer seeking a high-potential asset, this property offers a unique blend of financial upside and personal enjoyment in one of Seattle’s most sought-after neighborhoods.

This 4-unit property provides the perfect setup for owner-occupants. With favorable owner-occupied financing options, buyers can live in one unit while renting out the others—an ideal way to offset costs and accelerate equity growth.

Beyond its investment appeal, this property presents a value-add opportunity for the right owner to realize sweat equity through thoughtful updates and potential to add a 5th unit or simply move in and enjoy!

Whether you're looking to graduate from a smaller rental, maximize your investment, or create a personal oasis, this is an opportunity not to be missed!

Location

West Queen Anne is a serene residential gem in Seattle, offering stunning views of Elliott Bay and the Olympic Mountains. This peaceful neighborhood provides a tranquil escape while remaining close to the city's vibrant amenities.

Centrally located, West Queen Anne is just minutes from the bustling retail scene on 15th Ave W and the charming business district along Queen Anne Avenue North. Residents enjoy easy access to beautiful parks like Elliott Bay Park, iconic attractions such as the Space Needle and Climate Pledge Arena, and recreational spots like Interbay Golf Course, striking the perfect balance between quiet living and urban excitement.

Transportation is convenient, with Highway 99 and I-5 only 2 miles and 4 miles away, respectively. This proximity allows quick access to lively areas like South Lake Union, home to Amazon and Google, as well as downtown Seattle and Ballard.

The neighborhood features a variety of grocery options, including Whole Foods and Trader Joe’s, along with a diverse selection of restaurants, coffee shops, and artisanal bars. The annual farmers' markets are a community highlight, celebrating local culture and bringing residents together. West Queen Anne truly embodies comfortable living with all the conveniences of urban life.

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