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6401 20th Ave NW

Seattle, WA 98117
  • $3,650,000
  • STATUS: Pending
  • ON SITE: 95 Days
  • MLS #: 1889417
Under Contract
UPDATED: 74 min ago
$3,650,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,651
    SQFT
  • $477
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

School District:
Listing Courtesy of Kidder Mathews.

Description

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

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-22T22:15:28.99.

www.brantleychristianson.com/homes/125825240
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6401 20th Ave NW Seattle, WA 98117

  • Price: $3,650,000
  • Status: Pending
  • On Site: 95 Days
  • Updated: 74 min ago
  • MLS #: 1889417
0
Beds
0
Baths
0
½ Baths
0.18
Acres
7,651
SQFT
$477
$/SQFT
1958
Built
Neighborhood:
Ballard
County:
King
Area:
Ballard/Greenlake
School District:
Seattle
Property Description
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
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Brick Lot Features CurbsPavedSidewalk Lot Size Dimensions 7793 Open Parking Spaces 10 Open Parking YN Yes Parking Total 0 Parking Uncovered Spaces 10 Roof Torch Down Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

Interior Features

Building Area Total 7651 Fireplace YN No Flooring Hardwood Furnished Unfurnished Heating Cooling Type 90%+ High EfficiencyForced Air Heating YN Yes Interior Features High Efficiency - 90%+Forced AirHardwood Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Green Energy Efficient High Efficiency - 90%+ Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 190061 New Construction YN No Possession Closing Possible Use Multi-Family Power Company Seattle City Light Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Available Sewer Company Spu Special Listing Conditions None Tax Annual Amount 30090 Tax Year 2021 Units In Building Total 12 Utilities Electricity Available Water Company Spu Water Source Public Year Built Effective 1958 Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2022 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Brantley Christianson Real Estate LLC and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-22T22:15:28.99.

 
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Brantley Christianson Real Estate LLC
2005 SE 192nd Ave
Camas WA, 98607
Listing Courtesy of Kidder Mathews.