Address Map
US
Washington
King
Seattle
98119
3rd Ave
603
W123° 38' 20.5''
N47° 37' 29.4''
W
Additional Information
Collin Hagstrom
14862
926200
12,510 Sqft
10,300 Sqft
Regan Lee Apartments
Queen Anne/Magnolia
3
98109
WA
Seattle
1200 Westlake Ave N S310
Property Description

The Regan Lee’s 24 spacious studio and one-bedroom units showcase original hardwood floors, mahogany doors, rich wood trim, arched entryways, and abundant natural light, preserving the elegance of a bygone era. The property also features eight garage stalls along the alley, providing both parking convenience and additional income.With current rents well below market, The Regan Lee offers a compelling opportunity to increase NOI through strategic renovations and rent optimization. Additionally, investors may explore redevelopment potential of the existing garage space to add units and further maximize value (buyer to verify).

For Sale

603 3rd Ave, Seattle, Washington 98119

  • Square Footage: 20,380 Sqft
$5,400,000
Listing ID#694589
QR Code
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 694589
Price : $5,400,000
Square Footage : 20,380 Sqft
Year Built : 1929
Status : Active
Office Name : Westlake Associates, Inc.
Property Sub Type : Multi-family
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
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CONTACT BROKER
Westlake Associates, Inc.