Listing courtesy of Windermere Real Estate Co. 206-524-1100
$2,098,000
This well-maintained multifamily property in Seattle’s highly desirable Bryant neighborhood presents a rare opportunity to acquire 12 spacious, light-filled units, which have been thoughtfully renovated. The property's generous unit layouts and private residential feel contribute to strong tenant appeal and long-term occupancy in one of Northeast Seattle’s most sought-after submarkets.… Read More Ideally located just steps from the bus service and Light Rail and within minutes walk to University Village, Seattle Children’s Hospital, and the University of Washington. The property offers residents exceptional connectivity, convenience, and access to major employment and lifestyle amenities. Adding to its investment appeal, the property is zoned NC2P-55 (Neighborhood Commercial 2 with Pedestrian Overlay), allowing for mixed-use development with a 55-foot height limit. This zoning supports pedestrian-oriented commercial uses at the street level with residential units above, creating significant future redevelopment potential. Investors have the opportunity to benefit from strong in-place cash flow while positioning the asset for higher-density, transit-oriented development in a rapidly growing urban corridor. Read Less
Listing courtesy of Windermere Real Estate Co. 206-524-1100
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
116
Days on Website
116
Last Updated
Property Type
Multi Family
Square Ft.
3,864
Lot Size
0.14 Acres
Year Built
1955
Property Tax
$20,338
MLS Number
2535620
Additional Details | Source HomeJunction
Building
Built in 1955, 1 storey, Construction Materials: Brick, Wood
Cooling
None
Expenses
Insurance: $19,200
Exterior Features
Brick, Wood
Floors
Hardwood, Vinyl, Carpet
Foundation
Poured Concrete
Heating
Baseboard
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $174,643, Net Operating Income: $102,104
Lot
0.1449 acres, Curbs, Paved, Sidewalk
Property
Leasable area: 3864, City, Lake, Mountains, Territorial
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
The listings presented here may or may not be listed by Wesley Lau. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
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