565 -569 Lee ST, Seattle, WA 98109
565 -569 Lee ST, Seattle, WA 98109
565 -569 Lee ST, Seattle, WA 98109
21
See all 21 photos
Listed by:Lee & Associates Commercial RE • Sara Bago
$2,995,000
Est. payment /mo
Save Virtual Tour
13 Beds
12 Baths
7,217 Sqft Lot
Pending

565 -569 Lee ST Seattle, WA 98109

Save Virtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
DJ Gee

DJ Gee

+1(253) 363-0413

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Subdivision Queen Anne

MLS Listing ID 2554111

Style 56 - 10+ Units

Bedrooms 13

Year Built 1963

Annual Tax Amount $31,621

Lot Size 7,217 Sqft

Property Sub-Type Multi Family

Property Description

We are pleased to present Marguerite Manor, an 11-unit apartment community located in Seattle's highly desirable Queen Anne neighborhood. The property encompasses approximately 7,032 square feet of net rentable area and features a unit mix of ten spacious one-bedroom apartments and one expansive three-bedroom penthouse with sweeping views of the Seattle skyline and Lake Union. Current ownership has implemented several significant capital improvements in recent years. The building features a durable brick façade along the front elevation, while the rear exterior was extensively rebuilt, resided, and repainted in 2015. Additional exterior upgrades include the installation of a high tech roof in 2019, and new decks in 2020. Residents benefit from on-site common laundry facilities and dedicated off-street parking consisting of six open stalls and two tandem spaces located at the rear of the property. Situated within Queen Anne, Marguerite Manor offers investors a combination of stable in-place income, strong renter demand, and long-term appreciation potential. The property's location, recent capital improvements, and attractive unit configuration position it as a compelling multifamily investment opportunity in one of the Pacific Northwest's most sought-after urban submarkets.

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Flooring Laminate, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood

Amenities Available Deck, Fenced-Partially

View Y/N Yes

View City, Sound, Territorial

Roof Type Flat

Building

Lot Description Corner Lot, Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.lee-associates.com/northwest/properties/?propertyId=1657405-sale&address=565-569-Lee-St&officeId=2085

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

DJ Gee

DJ Gee

+1(253) 363-0413

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from DJ Gee, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

565 -569 Lee ST

QUICK SEARCH