5121 17th Avenue NW Seattle, WA 98107

$4,995,000
0.19
Acres
13,800
SQFT
362
$/SQFT
$4,995,000
13,800   sf
$362 / sf
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pending
1/23
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Sunset House is a 21-unit apartment building which exemplifies pride of ownership. Prime Ballard location, walking distance to the Historic Ballard Avenue. Built in 1964, this building is being offered to the market now for the first time since it was built. Immaculate, well-maintained building with PEX & Copper plumbing, vinyl windows, re-mortared exterior bricks, and LVT floorings in most units. Stable rent income with an opportunity to realize a 36.4% lift in revenue from current below-market rents through strategic turnovers and renovation.

Sunset House is a 21-unit apartment building which exemplifies pride of ownership. Prime Ballard location, walking distance to the Historic Ballard Avenue. Built in 1964, this building is being offered to the market now for the first time since it was built. Immaculate, well-maintained building with PEX & Copper plumbing, vinyl windows, re-mortared exterior bricks, and LVT floorings in most units. Stable rent income with an opportunity to realize a 36.4% lift in revenue from current below-market rents through strategic turnovers and renovation.

  • Neighborhood
  • Type
  • County
    King
  • Area
    705 - Ballard/Greenlake
  • Tax Amount
    $50,003
  • Status
    Pending
  • Listing #
    2287605
  • Built
    1964
  • Lot Size
    0.19
  • Listed on site
    126 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 2025-01-15 05:21:14. DMCA
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Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Oct 30, 20243 mos agoPrice decreased405,000 (7%)$4,995,000
Sep 10, 20244 mos agoNew on market$5,400,000
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