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1417 NE 55th St
Seattle, WA 98105
Multifamily Property For Sale · 6 Units

INVESTMENT HIGHLIGHTS

  • Turn-key asset with excellent cash flow (5.4% cap)
  • New roof, windows, and paint
  • Updated plumbing and electrical
  • Well located in dynamic University District neighborhood
  • Kitchens feature white shaker cabinets, solid surface counters and stainless-steel appliances
  • 0.5 mile to U-District light rail station

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 5,406 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1918/2021
Parking Ratio 0.46/1,000 SF
Zoning LR3, Seattle

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 - -
2+1 5 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
881640-0495
Land Assessment
$1,153,600
Improvements Assessment
$788,400
Total Assessment
$1,942,000
  • Listing ID: 28112777

  • Date on Market: 3/31/2023

  • Last Updated:

  • Address: 1417 NE 55th St, Seattle, WA 98105

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