Broadview Homes with 56 - 10+ Units Style

Broadview Homes with 56 - 10+ Units Style

Welcome to Broadview, a charming neighborhood nestled in the heart of Seattle, Washington. Known for its stunning views of Puget Sound and the majestic Olympic Mountains, Broadview offers a perfect blend of urban convenience and suburban tranquility. This vibrant community is characterized by its lush greenery, tree-lined streets, and a warm, welcoming atmosphere that makes it an ideal place for families, professionals, and retirees alike.

Broadview boasts a diverse selection of homes, with a particular emphasis on properties featuring 56 to 10+ units. These multi-family residences provide an excellent opportunity for both investors and those seeking a sense of community. With an array of architectural styles, from classic brick buildings to modern designs, Broadview's real estate market caters to various tastes and preferences. Residents enjoy spacious living arrangements, ample amenities, and easy access to local parks and recreational areas.

The neighborhood is well-connected, offering convenient access to Seattle's bustling downtown, as well as nearby shopping centers, restaurants, and entertainment options. Public transportation is readily available, making commuting a breeze. Families will appreciate the proximity to highly-rated schools and community resources, while outdoor enthusiasts can explore the nearby Carkeek Park, which features scenic trails, picnic areas, and beach access.

In Broadview, you'll find a tight-knit community that celebrates its diversity and encourages neighborly connections. Whether you're looking to invest in a multi-family property or find a place to call home, Broadview is a neighborhood that promises a fulfilling lifestyle in one of the Pacific Northwest's most sought-after cities. Come discover the charm and opportunity that awaits you in Broadview!

Newest Broadview Homes with 56 - 10+ Units Style

$2,200,000
2587180 MLS ⋅ ACTIVE Status
We are pleased to present the Shoreline View Apartments, a well-maintained, pride-of-ownership 10-unit property prominently located along Greenwood Avenue North in Seattle’s growing Greenwood neighborhood. Built in 1976, the property offers a unit mix of two 3-BD/2-BTH units, four 2-BD/2-BTH units, and four 1-BD/1-BTH units. Spacious floorplans, abundant natural light, private decks in most units, and updated appliances enhance renter appeal, while residences on the upper two floors enjoy water views. The property has also benefited from meaningful capital improvements, including a full roof replacement in 2017 and window replacements in 2019. Property amenities include covered and off-street parking, secured entry, elevator access, storage units, and on-site laundry. The location provides convenient access to transit, Carkeek Park, Trader Joe’s, Fred Meyer, and the abundant retail, dining, and entertainment offerings of Greenwood and Phinney Ridge. Shoreline View presents a compelling value-add opportunity for investors seeking meaningful rental upside in North Seattle. Current rents are approximately 16% below market, providing near-term income growth potential, while unit renovations and repositioning could support an estimated 32% increase over current rents. The combination of pride-of-ownership conditions, recent capital improvements, desirable amenities, and significant rental upside creates an attractive opportunity to enhance returns over time.

11255 Greenwood Avenue N, Seattle

Listing Broker: Lee & Associates Commercial RE; Dea Sumantri; 206-773-2680; dsumantri@lee-associates.com

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