1521 NW 65th ST new to site

Seattle,WA 98117

$ 2300000

10 Beds

9 Baths

6224 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,224 sqft

Price per Sqft $369

Subdivision Ballard

MLS Listing ID 2363574

Style 55 - 5-9 Units

Bedrooms 10

Year Built 1959

Annual Tax Amount $21,225

Lot Size 9,885 Sqft

Property Sub-Type Multi Family

Property Description

Rare investment opportunity in one of Seattle's most desirable neighborhoods. The Ballard 9 has been meticulously maintained, with numerous high-quality updates completed during tenant turnovers. Its spacious, light-filled units, paired with professional management, have contributed to long-term tenant retention. This property offers a compelling value-add opportunity: an investor can increase cash flow by raising rents to market levels and continuing the proven strategy of upgrading units upon turnover.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Flooring Hardwood

Exterior

Exterior Feature Brick,Wood Products

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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