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Jerrid Anderson
Direct: (206) 499-8191
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Kidder Mathews
Main: (206) 296-9600
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Matt Laird
Direct: (425) 736-5516
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Kidder Mathews
Main: (206) 296-9600
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Winslow Lee
Direct: (425) 681-7695
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Kidder Mathews
Main: (206) 296-9600
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FOR SALE - Listing #: 666485
Bayberry Apartments
6700 - 0 24th Ave NW, Seattle WA98117
Agent Remarks
$300,000 PRICE REDUCTION
Bayberry is a charming 11-unit apartment building with plans and permits to add an additional 11 units to the large parking lot. It is ideally located in the quiet stretch of north Ballard, within walking distance to all the amenities Ballard residents love. Bayberry features recent building improvements to the roof, windows, plumbing, and electrical systems, and 6 of the 11 existing units have been renovated, leaving 5 units for the new owner to renovate and raise rents to market rates. Once renovations and the new addition are complete, Bayberry will have 22 units generating an estimated $450,000 in gross income upon stabilization. Bayberry is a great value-add opportunity, with exceptional upside, in a forever Seattle neighborhood. See attached marketing flyer f
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County
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King
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Market Area
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Fremont/Ballard
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Tax ID #
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7518508880
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Price
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$ 2,950,000
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Property Details
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Prop Type
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Multi-Family
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# Floors
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3
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Bldg SF
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7,800
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Year Built
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1919
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Land SF
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7,841
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# Bldgs
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2
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Acres
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0.18
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# Parking Spaces
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8
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Office Class
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Informational Links
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