2026 NW 58th Street, Seattle, WA 98107

$1,740,000
3,611
SqFt

Listing courtesy of Windermere Real Estate Co..

List Price
$1,740,000
Status
ACTIVE
MLS#
1848003
Price Change
▼ $150,000 1638328704
Days on Market
90
Style
55 - 5-9 Units
Building Condition
Very Good
Finished SqFt
3,611
Area Total SqFt
3611
Lot Size (sq ft)
5,000

Property Description

In the heart of Ballard! This turn-key 5 unit building is ready for you! Long list of Capital Improvements make this building more attractive. Spend your time collecting rents rather than fixing deferred maintenance. New Roof, new hot water tanks, new coin op laundry, increased square footage in units 1 & 2, new solar tube to light hallway, new exterior paint. City permits for all work online. Zoned LR3, keep the building as is or make bigger! BTV. Solid Investment opportunity! Strong rental history. Never had a vacancy. Solid long term tenants. Do not disturb tenants. Drive by and be discreet.

Additional Information

List Date
2021-10-18 20:03:09
Community
Ballard
Potential Terms
Cash Out
Year Built
1976
Roof
Composition
Site Features
Cable TV, Patio
Heating/Cooling Type
Wall
Electric Expenses
645
Other Expenses
1549
Energy Source
Electric
School District
Seattle
Elementary School
Adams
Middle School
Whitman Mid
High School
Ballard High
Total Monthly Income
$8,130
Gross Scheduled Income
$95,160
Gross Adjusted Income
$95,160
Tax Year
2021
Insurance Expense
$3,208
W/S/G Expenses
$5,157
Total Expenses
$25,437
Net Operating Income
$69,723
Gross Rent Multiplier
21
Cap Rate
4
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