2213 NW 59th St, Seattle, WA 98107

$3,150,000
6,085
SqFt

Listing courtesy of Westlake Associates, Inc..

List Price
$3,150,000
Status
ACTIVE
MLS#
1663302
Days on Market
15
Style
55 - 5-9 Units
Finished SqFt
6,085
Lot Size (sq ft)
5,000

Property Description

The Karina Apartments is a fully renovated asset located in Ballard. Built in 1967, the asset has received a renaissance of upgrades over the past 5 years including new kitchen cabinets, quartz counter tops, vinyl plank flooring, new doors and millwork, interior paint, new plumbing fixtures and new electrical fixtures. The roof was upgraded a few years ago, has double pane vinyl windows, recent exterior paint, copper wiring, recent electrical panels and copper supply lines. 3- & 2-bed unit mix.

Additional Information

List Date
2020-09-14 00:00:00
Community
Ballard
Property Type
MULT
Units
7
Stories
3
Potential Terms
Cash Out
Year Built
1967
Total Parking
9
Uncovered Parking
5
Exterior
Stucco
Roof
Flat
School District
Seattle
Total Monthly Income
$17,555
Gross Scheduled Income
$210,660
Vacancy Rate
5
Gross Adjusted Income
$200,127
Annual Taxes
$20,399
Tax Year
2020
Insurance Expense
$2,719
W/S/G Expenses
$9,803
Total Expenses
$52,558
Net Operating Income
$147,569
Gross Rent Multiplier
15
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
775
Unit 1 Rent
$2,045
Unit 2 Beds
3
Unit 2 Baths
2.00
Unit 2 Size
1020
Unit 2 Rent
$2,395
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
775
Unit 3 Rent
$2,195
Unit 4 Beds
3
Unit 4 Baths
2.00
Unit 4 Size
1020
Unit 4 Rent
$2,895
Unit 5 Beds
2
Unit 5 Baths
1.00
Unit 5 Size
775
Unit 5 Rent
$2,195
Unit 6 Beds
3
Unit 6 Baths
2.00
Unit 6 Size
1020
Unit 6 Rent
$2,795
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