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1443 NW 61st Street Seattle, WA 98107

$1,895,000
0.11
Acres
4,374
SQFT
433
$/SQFT
$1,895,000
4,374   sf
$433 / sf
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Lee & Associates NW Multifamily Team is pleased to present the Ballard 6. Situated just few blocks north of the main intersection of Ballard. The building has been well maintained. Ownership replaced all hot water heaters & the roof was replaced in 2011. Approximately half the units have received new carpet, kitchen and bath fixtures on turnover. Plumbing is copper & there are in-unit electrical panels. A well-positioned asset within the desirable Ballard submarket with multiple investment strategies, from enjoying steady cashflows and realizing current loss-to-lease from current below market rents to performing unit renovations, modernizing finishes & exploring additional unit potential to maximize returns.

Lee & Associates NW Multifamily Team is pleased to present the Ballard 6. Situated just few blocks north of the main intersection of Ballard. The building has been well maintained. Ownership replaced all hot water heaters & the roof was replaced in 2011. Approximately half the units have received new carpet, kitchen and bath fixtures on turnover. Plumbing is copper & there are in-unit electrical panels. A well-positioned asset within the desirable Ballard submarket with multiple investment strategies, from enjoying steady cashflows and realizing current loss-to-lease from current below market rents to performing unit renovations, modernizing finishes & exploring additional unit potential to maximize returns.

  • Neighborhood
    Ballard
  • Type
    Commercial
  • County
    King
  • Area
    705 - Ballard/Greenlake
  • Tax Amount
    $15,623
  • Status
    Active
  • Listing #
    2161821
  • Built
    1969
  • Lot Size
    0.11
  • Listed on site
    232 days

Listed by:
Lee & Associates Commercial RE

Listing information © 2023 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 LaVerne Pike - Windermere Real Estate - 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 Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2024-05-04 10:57:08. DMCA
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School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Oct 12, 20237 mos agoPrice decreased55,000 (3%)$1,895,000
Sep 14, 20238 mos agoNew on market$1,950,000
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