Bought with Kaleb Real Estate Group
$2,775,000
$2,700,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
840 - 842 NW 62nd ST Seattle, WA 98107
5,528 SqFt
Key Details
Sold Price $2,775,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,528 sqft
Price per Sqft $501
Subdivision Ballard
MLS Listing ID 1876596
Sold Date 02/28/22
Style 55 - 5-9 Units
Year Built 1987
Annual Tax Amount $25,796
Lot Size 7,500 Sqft
Property Sub-Type Multi-Family
Property Description
The buildings have been built and managed by the same family for the past 34 years. The offering includes two adjacent fourplexes with eight large 1BD/1BTH - 691 Sq. Ft. units all with their own patio or balcony, six units with wood-burning fireplaces, and eight tuck-under parking stalls. The buildings have been meticulously maintained over the years including the most recent capital expenditures of new roofs in 2015 and new exterior paint in 2016. The buildings have been built on two separate tax parcels. The offering presents an add-value opportunity for prospective buyers to make interior unit improvements and capitalize on the rental upside available.
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Interior Features Forced Air
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA
Listing Terms Cash Out, Conventional, FHA
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