1519 NW 65th St, Seattle, WA 98117

$3,995,000
8,870
SqFt

Listing courtesy of Westlake Associates, Inc..

List Price
$3,995,000
Status
ACTIVE
MLS#
1538599
Days on Market
13
Style
56 - 10+ Units
Finished SqFt
8,870
Lot Size (sq ft)
9,904

Property Description

Built in 1965, the units are a mix of twelve 1 bedrooms and a 2 bedroom apartment, each with a large open floorplan. All of the top units have high lofted ceilings and two of the units have been recently updated for higher end short term rentals. The building has a stucco siding along with classic brick veneer frontage.

Additional Information

List Date
2019-11-05 00:00:00
Community
Ballard
Property Type
MULT
Units
13
Stories
3
Potential Terms
Assumable, Cash Out, Conventional
Year Built
1965
Total Parking
14
Uncovered Parking
8
Exterior
Brick, Stucco
Roof
Composition
School District
Seattle
Total Monthly Income
$22,561
Gross Scheduled Income
$270,732
Vacancy Rate
3
Gross Adjusted Income
$26,322
Annual Taxes
$24,498
Tax Year
2019
Insurance Expense
$2,955
W/S/G Expenses
$20,688
Total Expenses
$74,952
Net Operating Income
$188,272
Gross Rent Multiplier
16
Cap Rate
4

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
660
Unit 1 Rent
$1,495
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
660
Unit 2 Rent
$1,495
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
660
Unit 3 Rent
$1,500
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Size
660
Unit 4 Rent
$1,660
Unit 5 Beds
1
Unit 5 Baths
1.00
Unit 5 Size
660
Unit 5 Rent
$1,495
Unit 6 Beds
2
Unit 6 Baths
1.00
Unit 6 Size
950
Unit 6 Rent
$1,800
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