Presented by: RE/MAX Metro Realty, Inc. and NWMLS
Property Description
This is the one!! Very Well maintained 5 unit building in a desirable Ballard and very walkable Location. The building features 3 townhome style 2 bedroom loft units with private balconies and 2 one bedroom units with many upgrades . The building has a shared laundry room and storage for each unit, 2 tandem parking spaces and 3 uncovered spaces in the back, and some longer terms tenants. Very little turnover in this building. Located in the heart of Ballard, don't miss out on this solid turn key investment property.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2
General
AmenitiesCoin Op Laundry
Building Area Units0 sqft
Cap Rate5.1
Carport Spaces2
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsFrom Market street, right on 20th, right on 58th and building is ahead on the left
Electric Expense497.15
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard
High School DistrictSeattle
Insurance Expense3200
Leasable Area4,306 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet5,000 sqft
Lot Size UnitsSquare Feet
MLS Area705 - Ballard/Greenlake
NWM_ShowMapLinkY
Net Operating Income85314
New ConstructionNo
Number Of Units Total5
PossessionClosing
Property Style55 - 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThis is the one!! Very Well maintained 5 unit building in a desirable Ballard and very walkable Location. The building features 3 townhome style 2 bedroom loft units with private balconies and 2 one
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameBallard
Tax Annual Amount$13,898
Tax Year2025
Units Below Gradefalse
Units In Building Total5
Water CompanySeattle Public Utilities
Water Sewer Garbage0
Year Built1974
Exterior
Building Area Total4,890 sqft
Covered Spaces2
Exterior AmenitiesWood
Irrigation Water Rights Y/NNo
Lot Size Acres0.1148
Parking Uncovered Total3
Total Parking5
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
N/A
Elementary School
N/A
Middle School
N/A