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The Ballard 5
1716 NW 59th St Seattle WA 98107
Listing #: 680606 | Status: Pending | Last Modified: 5/15/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 115,097 |
| Vacancy Factor % | 5.00% |
| Operating Expenses | 36,271 |
| Net Operating Income | 73,071 |
| CAP Rate | 4.78 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Total Units | 5 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 4.777 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 5 |
| Total Building SF | 5,541 SF |
| Net Rentable Area | 4,500 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 5,000 SF |
| Acres | 0.11 |
| Year Built | 1979 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | King |
| Market Area | Fremont/Ballard |
| Tax ID # | 2767603565 |
| Zoning | LR2(M) |
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
The Ballard 5
1716 NW 59th St Seattle WA 98107
Listing #: 680606 | Status: Pending | Listing Date: 4/24/2024 | Last Modified: 5/15/2024 | Email Listing
For Sale
The Ballard 5
