34 W Cremona ST, Seattle, WA 98119
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34 W Cremona ST, Seattle, WA 98119
34 W Cremona ST, Seattle, WA 98119
34 W Cremona ST, Seattle, WA 98119
34 W Cremona ST, Seattle, WA 98119
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Jessica Taylor

Jessica Taylor

+1(253) 732-4228
Listed by:Lee & Associates Commercial RE • Dea Sumantri
$ 2,800,000
Est. payment /mo
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34 W Cremona ST Seattle, WA 98119

14 Beds

11 Baths

9,600 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Queen Anne

MLS Listing ID 2550353

Style 56 - 10+ Units

Bedrooms 14

Year Built 1961

Annual Tax Amount $24,414

Lot Size 9,600 Sqft

Property Sub-Type Multi Family

Property Description

We are pleased to present the Cremona Apartments, an 11unit apartment community built in 1961, offered to the market fully vacant at closing. This rare delivery provides investors and owner-occupants alike the immediate ability to lease all units at current market rents, pursue targeted renovations, or both with no displacement concerns and no inherited lease obligations. The building offers a well-rounded unit mix of one studio, six one-bedrooms, one one-bedroom plus den, and three two-bedrooms, set on a quiet residential street with six surface parking spaces. The common area, which houses individual storage units and a shared laundry hookup, is generously proportioned and may present an opportunity to incorporate into the adjacent studio unit as additional net rentable space, buyer to verify. Centrally positioned between Ballard, Fremont, South Lake Union, and Downtown Seattle, residents enjoy convenient access to the city's most active employment corridor, with Meta, Apple, Anthropic, Google, Amazon, and Expedia all within easy reach. The Cremona Apartments represent an immediate executable opportunity in one of Seattle's most desirable and supply-constrained neighborhoods. Delivered vacant, priced for today's market, and positioned within minutes of Seattle's strongest employment and lifestyle anchors, this is a rare chance for a new owner to set rents, define the tenant profile, and reposition the asset from day one with zero friction.

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Flooring Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Cement/Concrete, Wood

View Y/N Yes

View Territorial

Roof Type Flat

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

Water Public

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=1658331-sale&address=34-W-Cremona-St&officeId=2085

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

Jessica Taylor

Broker | License ID: 137563

+1(253) 732-4228

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34 W Cremona ST