Bought with Kidder Mathews
$3,600,000
$4,250,000
15.3%For more information regarding the value of a property, please contact us for a free consultation.
6100 24th AVE NW Seattle, WA 98107
10,800 SqFt
Key Details
Sold Price $3,600,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,800 sqft
Price per Sqft $333
Subdivision Ballard
MLS Listing ID 2171776
Sold Date 12/28/23
Style 56 - 10+ Units
Year Built 1958
Annual Tax Amount $36,697
Lot Size 9,300 Sqft
Lot Dimensions 9300
Property Sub-Type Multi-Family
Property Description
Fantastic value add opportunity in the heart of Ballard. A 16 unit apartment building with a unit of 14 - 1bed x 1 bath and 2 - 2bed 1 bath. This building and units are in great shape with the new owner able to raise rents to market rate and renovate upon turnover. 7 Parking spots and a great deal amount of storage. Non-conforming 17th Studio that is receiving $500 a month. Located on a corner lot, on 9,300 square feet and zoned NC1-55 (M) (Build up to 55 feet), creates the opportunity for future development potential. Reach out to listing broker for tours. Please inquire about market proforma & renovated proforma financials.
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood Products
View Y/N Yes
View City, Mountain(s), Territorial
Roof Type Metal
Building
Lot Description Corner Lot, Curbs, Paved, Secluded, Sidewalk, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Owner Financing
Listing Terms Cash Out, Conventional, Owner Financing
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