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2337 NE 55th St

Seattle, WA 98105 View Map $1,750,000 Schedule a Tour
Sq.Ft.4,900
Year1954
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Conor MacEvilly

Conor MacEvilly

(206) 349-8477
 
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Listing Office

Office:Lee & Associates Commercial Re

5-9 units for sale at 2337 NE 55th St Seattle, WA 710 - North Seattle 98105, MLS#2014899


Status: Active
Property Type:5-9 Units
MLS® #:2014899
Sq. Feet:4,900
On Site:20 Days
Lot Size:7,197 Sq. Ft.
County:King
Located across the street from Ravenna Park, the Parkside features 7 large 1 & 2 bedroom units averaging 700 sf. Originally constructed in 1954 on a 7,197 sf LR3RC (M) zone lot, Parkside received updates over the years including a tile roof replacement, vinyl window replacements, and a newer boiler and central hot water systems. Current onsite parking is available for seven vehicles. Perfectly situated near, work, school and play, The Parkside Apartments offers investors the opportunity to acquire a stabilized asset with the ability to increase performance in the near term by recapturing significant loss-to-lease from below market rents. Additional lift can be achieved by implementing a full value-add program and renovating the units.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:2337 NE 55th St Seattle, WA 98105
County:King
City:Seattle
School District:Seattle
Subdivision:Ravenna
Zip Code:98105

Architecture

Year Built:1954
Stories:2
Year Built Effective: 1996
Building Style: 5-9 Units
Roof: Tile
Foundation: Poured Concrete
Carport Spaces: 3
Covered Spaces: 1
Open Parking Spaces: 3
Parking Total: 7

Features / Amenities

Interior Features: Hardwood, Laminate, Wall to Wall Carpet
Flooring: Hardwood, Laminate, Carpet
Exterior Features: Brick, Wood
Green Energy Efficient: Thermal Windows
Heating Cooling Type: Radiant

Property Features

Lot Size: 0.17 Acres / 7,197 Sq. Ft.
Lot Features: Paved, Sidewalk
View: Territorial
Utilities: Sewer Connected, Natural Gas Connected
Sewer: Sewer Connected
Directions:Heading north on 25th Ave NE right on NE 55th St 2nd building on left.

Tax and Financial Info

Tax Year: 2022
Tax Annual Amount: $19,482
Insurance Expense: $2,800
Net Income: $70,680
Listing Terms: Cash Out, Conventional
Total Monthly Income: $9,932
Net Operating Income: $70,680
Total Expenses: $48,505
Offers: Seller intends to review offers upon receipt
Possession: Closing, Tenant's Rights

Schools

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2337 NE 55th St Seattle, WA 98105
GO SEE THIS LISTING
2337 NE 55th St Seattle, WA 98105
 
ASAP
Sun
27
Nov
Mon
28
Nov
Tue
29
Nov
Wed
30
Nov
Thu
1
Dec
Fri
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Dec
Sat
3
Dec
Choose Your Date -- It's Free, Cancel Anytime
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All listings featuring the icon Board of Realty Logo are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2022. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Keller Williams Realty Greater Seattle and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing information last updated on November 26, 2022 at 12:30 PM PST.