2800 NE 55th Street, Seattle, WA 98105
- $2,218,000
- 3,864
- SqFt
Courtesy of Windermere Real Estate Co.
- List Price
- $2,218,000
- Status
- ACTIVE
- Days on Market
- 50
- MLS#
- 2535620
- Subtype
- Residential Income
- Style
- 56 - 10+ Units
- Year Built
- 1955
- Living Area
- 3,864
- Lot Size
- 6,313
- Acres
- 0.14
- Subdivision
- Bryant
- Neighborhood
- Bryant
- MLS Area Major
- North Seattle
Property Description
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. 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.
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Additional Information
- Exterior Features
- Brick, Wood
- Property Description
- 56 - 10+ Units
- Flooring
- Hardwood, Vinyl, Carpet
- Heating
- Baseboard
- Air Conditioning
- None
- Roof
- Composition
- School District
- Seattle
- Elementary School
- Bryant
- Middle School
- Eckstein Mid
- High School
- Roosevelt High
- View
- City, Lake, Mountains, Territorial
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