3910 NE 51st Street, Seattle, WA 98105
Courtesy of TEC Real Estate Inc.
- $1,450,000
- 2,760
- SqFt
- List Price
- $1,450,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 2579612
- Subtype
- Residential Income
- Style
- 52 - Duplex
- Year Built
- 1944
- Living Area
- 2,760
- Lot Size
- 4,800
- Acres
- 0.11
- Subdivision
- Bryant
- Neighborhood
- Bryant
- MLS Area Major
- North Seattle
Property Description
Rare investment and development opportunity in Seattle’s highly desirable Bryant neighborhood. This well-maintained two-story duplex is fully occupied and currently generates approximately $59k in annual net income, providing immediate cash flow while offering compelling future redevelopment potential. Preliminary plans envision five modern townhomes averaging approximately 1,400 square feet each, with the SIP process approximately 90% complete and nearing building permit submission. The existing property offers a generous front yard, ample street parking, and direct access to the Burke-Gilman Trail. Ideally positioned just a mile from the University of Washington and minutes from University Village, light rail, neighborhood amenities, major employment centers, parks, dining and shopping. An exceptional opportunity to hold, develop, or reposition a well-located income-producing property in one of Seattle’s most established and sought-after neighborhoods.
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Additional Information
- Exterior Features
- Stucco
- Property Description
- 52 - Duplex
- Heating
- Baseboard
- Air Conditioning
- None
- Roof
- Composition
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
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