950 NW 60th Street, Seattle, WA 98107
- $1,298,000
- 2,990
- SqFt
Listing courtesy of Windermere Real Estate Midtown. Selling Office: Skyline Properties, Inc..
- Sold Price
- $1,298,000
- List Price
- $1,348,000
- Status
- SOLD
- MLS#
- 2250605
- Closing Date
- Nov 01, 2024
- Days on Market
- 100
- Style
- 53 - Tri-plex
- Finished SqFt
- 2,990
- Area Total SqFt
- 2990
- Annual Tax Ammount
- 11008
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
Nestled in the heart of vibrant Ballard and on the market for only the 2nd time, this Mid-Century Modern triplex, originally designed and built to function as a multi-family property, offers an excellent investment opportunity. Located on a quiet residential street just a short distance from Ballard's Market Street and the bustling shops and restaurants along Ballard Ave NW, this property features three well maintained 2-bedroom, 1-bath units, each with included appliances. The low-maintenance exterior and landscaping ensures lasting appeal while the property offers ample parking for 5 vehicles, including two garages. Currently fully rented with no vacancies, don’t miss your chance to take advantage of this incredible opportunity!
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Additional Information
- List Date
- 2024-07-24 00:00:00
- Community
- Ballard
- Net Operating Income
- $68,552
- Gross Adjusted Income
- $86,160
- Gross Scheduled Income
- $86,160
- Total Monthly Income
- $7,180
- Insurance Expenses
- $2,100
- Water/Sewer/Garbage Expenses
- $3,600
- Gross Rent Multiplier
- 15.7
- Total Expenses
- $17,608
- Cap Rate
- 5.1
- Total Number of Units
- 3
- Unit Name
- 950 NW
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1968
- View
- Territorial
- Roof
- See Remarks
- Site Features
- Cable TV, Fenced-Partially
- Other Expenses
- 900
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- West Woodland
- Middle School
- Hamilton Mid
- High School
- Ballard High
- Total Monthly Income
- $7,180
- Gross Scheduled Income
- $86,160
- Gross Adjusted Income
- $86,160
- Tax Year
- 2024
- Insurance Expense
- $2,100
- W/S/G Expenses
- $3,600
- Total Expenses
- $17,608
- Net Operating Income
- $68,552
- Gross Rent Multiplier
- 15.7
- Cap Rate
- 5.1
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.