1507 NW 64th St, Seattle, WA 98107

$1,825,000
4,480
SqFt

Listing courtesy of Windermere Real Estate Co..

List Price
$1,825,000
Status
ACTIVE
MLS#
1453424
Price Change
▼ $25,000 1559593416
Days on Market
68
Style
55 - 5-9 Units
Finished SqFt
4,480
Lot Size (sq ft)
5,000

Property Description

Ballard Heights Apartments, located just off 15th and south of 65th, is close to all vibrant Ballard has to offer. With recently upgraded flooring, kitchens, and roof, this property exemplifies excellent care and maintenance. A great opportunity for those looking to start or expand their investment portfolio.

Additional Information

List Date
2019-05-09 00:00:00
Community
Ballard
Property Type
MULT
Units
5
Stories
3
Potential Terms
Cash Out, Conventional
Year Built
1966
Total Parking
5
Uncovered Parking
2
Exterior
Stucco
Roof
Torch Down
Lot Details
Sidewalk
School District
Seattle
Total Monthly Income
$10,331
Gross Scheduled Income
$116,691
Vacancy Rate
3
Gross Adjusted Income
$120,300
Annual Taxes
$15,970
Tax Year
2018
Insurance Expense
$2,416
W/S/G Expenses
$7,431
Total Expenses
$36,814
Net Operating Income
$79,877
Gross Rent Multiplier
16
Cap Rate
4

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
677
Unit 1 Rent
$1,495
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
677
Unit 2 Rent
$1,655
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
991
Unit 3 Rent
$2,025
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
991
Unit 4 Rent
$1,950
Unit 5 Beds
3
Unit 5 Baths
2.00
Unit 5 Size
1144
Unit 5 Rent
$2,700
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