2028 NW 58th Street, Seattle, WA 98107
- $2,011,600
- 4,679
- SqFt
Listing courtesy of Paragon Real Estate Advisors. Selling Office: Westlake Associates, Inc..
- Sold Price
- $2,011,600
- List Price
- $2,100,000
- Status
- SOLD
- MLS#
- 2191110
- Closing Date
- Mar 21, 2024
- Days on Market
- 18
- Style
- 55 - 5-9 Units
- Finished SqFt
- 4,679
- Area Total SqFt
- 4679
- Annual Tax Ammount
- 16745
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
The Ballard Seven offers investors the opportunity to purchase a well-maintained asset in the heart of the thriving Ballard Neighborhood. Conveniently located on NW 58th, the Ballard Seven is within walking distance to Market Street, Old Ballard, the Burke Gilman Trail, Golden Gardens Park and everything Ballard has to offer. The Ballard Seven is comprised of 3 - 1BD/1BTH units, 3 - 2BD/1 BTH units and a luxurious 3BD/1BTH owners unit. These units are well appointed with open floor plans, dining areas off the kitchens, plenty of storage including linen closets and an abundance of natural lighting.
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Additional Information
- List Date
- 2024-03-03 00:00:00
- Community
- Ballard
- Net Operating Income
- $104,870
- Gross Adjusted Income
- $149,682
- Gross Scheduled Income
- $157,560
- Total Monthly Income
- $13,130
- Insurance Expenses
- $7,295
- Water/Sewer/Garbage Expenses
- $10,522
- Gross Rent Multiplier
- 13.33
- Total Expenses
- $44,812
- Cap Rate
- 4.99
- Vacancy Rate
- 5
- Total Number of Units
- 7
- Unit Name
- 2028
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1976
- Roof
- Built-Up
- Other Expenses
- 10250
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $13,130
- Gross Scheduled Income
- $157,560
- Vacancy Rate
- 5
- Gross Adjusted Income
- $149,682
- Tax Year
- 2023
- Insurance Expense
- $7,295
- W/S/G Expenses
- $10,522
- Total Expenses
- $44,812
- Net Operating Income
- $104,870
- Gross Rent Multiplier
- 13.33
- Cap Rate
- 4.99
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.