Fully renovated 12 unit building in a great location within Ballard. Top of the line systems updated throughout the building. This is a value add opportunity from management perspective. Rent Comparables nearby show there is room to raise rents 70% without additional upgrades. Ballard boasts strong rents, and the proximity to job centers, in Fremont, Interbay, and Downtown Seattle. With neighborhood amenities within walking distance this property has everything that tenants could ever need. Financials are Proforma
Listing courtesy of NWMLS / Kidder Mathews
Last checked:
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Last updated Feb 21, 2023
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MLS# 1889417 —
The Building
Year Built:
1958
Year Built:
1958
Year Built Source:
Public Records
New Construction:
false
Structure Type:
Multi Family
Exterior Features:
Brick
Roof:
Torch Down
Units In Building Total:
12
Foundation Details:
Poured Concrete
# of Units Total:
12
Stories Total:
2
Building Area Total:
7651
Building Area Units:
Square Feet
Calculated SqFt:
7651
Green Energy Efficient:
High Efficiency - 90%+
Interior
Interior Features:
Forced Air, High Efficiency - 90%+, Hardwood
Furnished:
Unfurnished
Flooring:
Hardwood
Fireplace:
false
Financial & Terms
Possession:
Closing
Buyer Financing:
Conventional
Location
Latitude:
47.675512
Longitude:
-122.382421
Directions:
From Market Street, take a right on 20th Ave NW. Take a left at NW 65th St, you have arrived.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Property Condition:
Good
Parcel Number:
2767600290
Lot Features:
Curbs, Paved, Sidewalk
Lot Size Units:
Square Feet
Lot Size Dimensions:
7793
Lot Size Acres:
0.1789
Lot Size SqFt:
7793
Lot Size Source:
King County
Zoning Class:
Multi-Family
Zoning Jurisdiction:
City
View:
false
Waterfront:
false
Possible Use:
Multi-Family
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(360) 705-2800
Office phone:
(360) 705-2800
Taxes
Tax Year:
2021
Tax Annual Amount:
30090
The Listing
Special Listing Conditions:
None
Heating & Cooling
Heating:
true
Heating Cooling Type:
90%+ High Efficiency,Forced Air
Utilities
Utilities:
Electricity Available
Water Company:
Spu
Water Source:
Public
Sewer:
Available
Sewer Company:
Spu
Power Company:
Seattle City Light
Water Sewer Garbage:
12000
Cable Connected:
Xfinity
Schools
High School District:
Seattle
The Community
Subdivision Name:
Ballard
Senior Community:
false
Association:
false
Parking
Parking Uncovered Spaces:
10
Open Parking:
true
Open Parking Spaces:
10
Carport:
false
Listing courtesy of NWMLS / Kidder Mathews
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date
Event
Source
Price
% Change
6/15/22
Jun 15, 2022
Sold
NWMLS
$3,625,000
-0.7%
3/24/22
Mar 24, 2022
Pending
NWMLS
$3,650,000
3/7/22
Mar 7, 2022
Relisted
NWMLS
$3,650,000
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No additional history available
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Multifamily
Sold
on 6/15/2022
$3,625,000
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This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by Kidder Mathews and should be verified by the buyer.
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Last updated Feb 21, 2023
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