2620 NW 63rd Street, Seattle, WA 98107
- $1,995,000
Listing courtesy of Windermere Real Estate Co..
- List Price
- $1,995,000
- Status
- PENDING INSPECTION
- MLS#
- 1926937
- Price Change
- ▼ $105,000 1654317280
- Days on Market
- 52
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Lot Size (sq ft)
- 4,700
Property Description
Turn-key fourplex in the heart of Seattle’s thriving Ballard neighborhood with a 4.97% CAP rate! This newly remodeled 4 unit multi-family includes updated cabinetry in kitchen and bathroom, quartz countertops, stainless steel appliances, in-unit washer/dryer, newer lighting and LVT flooring throughout. Heating and cooling system installed with auxiliary heat pumps for each bedroom, all controlled by smart thermostats. Don’t miss the great views of Mt.Rainier and The Space Needle through the upper unit's windows. Walk Score of 82/100 and Commercial Location Score of 764/1000. Ballard 63rd has a strong rental history, making this a fantastic cash flow investment opportunity in one of Seattle’s most desired areas.
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Additional Information
- List Date
- 2022-05-06 16:12:09
- Community
- Ballard
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1961
- View
- City, Mountain(s), See Remarks
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio
- Heating/Cooling Type
- Wall
- Other Expenses
- 6663
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Adams
- Middle School
- Whitman Mid
- High School
- Ballard High
- Total Monthly Income
- $10,500
- Gross Scheduled Income
- $126,000
- Tax Year
- 2021
- Insurance Expense
- $3,000
- W/S/G Expenses
- $4,881
- Total Expenses
- $26,864
- Net Operating Income
- $99,136
- Cap Rate
- 4.7
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