6050 6th Ave NW, Seattle, WA 98107

$1,790,000
4,950
SqFt

Listing courtesy of Skyline Properties, Inc..

List Price
$1,790,000
Status
ACTIVE
MLS#
1600169
Days on Market
15
Style
55 - 5-9 Units
Finished SqFt
4,950
Lot Size (sq ft)
5,000

Property Description

In an apartment building location is everything & this Ballard location is ideal. Walkscores are Very Walkable/Bikeable & Good Transit.Vacancies rarely occur in this well run & cared for 6 unit building w/upside potential. Highly sought after neighborhood on bus line,close to restaurants,coffee shops & shopping w/Woodland Park Zoo & Greenlake nearby. The 6 units include 4-1bdrm/1bth & 2-2bdrm/1bth units.Coin op laundry,storage & extra room. Tenants month to month. Listed at Tax Assessed Value

Additional Information

List Date
2020-05-21 00:00:00
Community
Ballard
Property Type
MULT
Units
6
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1957
Total Parking
1
Uncovered Parking
1
Exterior
Brick, Wood
Roof
Flat
Site Features
Cable TV
Lot Details
Corner Lot, Curbs, Paved Street, Sidewalk
School District
Seattle
Total Monthly Income
$7,250
Gross Scheduled Income
$87,610
Gross Adjusted Income
$87,610
Annual Taxes
$11,327
Tax Year
2019
Insurance Expense
$3,703
W/S/G Expenses
$6,762
Total Expenses
$22,406
Net Operating Income
$65,204
Gross Rent Multiplier
20
Cap Rate
3

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Rent
$1,485
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Rent
$1,300
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Rent
$1,025
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Rent
$1,300
Unit 5 Beds
1
Unit 5 Baths
1.00
Unit 5 Rent
$1,025
Unit 6 Beds
2
Unit 6 Baths
1.00
Unit 6 Rent
$1,115
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks