1716 NW 59th St
Seattle WA 98107
The Ballard 5
1716 NW 59th St Seattle WA 98107
Listing #: 680606 | Status: Available | Last Modified: 4/25/2024 |
For Sale
- Phone:(206) 812-9130
- Email:brianp@paragonrea.com
- Office Name:Paragon Real Estate Advisors
- Office Phone:(206) 623-8880
- Office Website:
- Agent Phone:(206) 812-9123
- Agent Email:michael@paragonrea.com
- Agent Phone:(206) 812-9101
- Agent Email:ben@paragonrea.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,650,000.0
- $/SF$ 366.7
- $/Unit$ 330,000.0
- Listing StatusAvailable
- Days on Market11
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income115,097
- Vacancy Factor %5.00%
- Operating Expenses36,271
- Net Operating Income73,071
- CAP Rate 4.78 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units5
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 4.78 %
- Building StatusExisting
- # of Buildings1
- # of Floors3
- # of Units5
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF5541
- Net Rentable Area4500
- Total Office SF
- Largest Contiguous SF
- Lot SF5000
- Acres0.11
- Property TypeMulti-Family
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaFremont/Ballard
- Tax ID #2767603565
- Additional Parcels
- ZoningLR2(M)
- Year Built1979
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
The Ballard 5
We are pleased to announce the exclusive listing of the Ballard 5. This five-unit building features large units with private balconies in an excellent Ballard location just four blocks north of Market Street. The Ballard 5 consists of three one bedroom one bath units ranging in size from 760 to 810 square feet, a large two bedroom one-and-a-half-bath unit that is 960 square feet, and a penthouse unit. The penthouse is 1,210 square feet and is a two bedroom one and a half bath unit featuring large living spaces throughout. The units have private balconies for the tenant’s enjoyment. Two of the units have received full remodels and a third unit has been partially updated. There is a common laundry room on site for the tenants use. The subject property provides an investor with an opportu
