1427 NW 64th Street, Seattle, WA 98107

$1,750,000
5,040
SqFt

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Listing courtesy of Westlake Associates, Inc.. Selling Office: RSVP Real Estate Group.

Sold Price
$1,750,000
List Price
$1,825,000
Status
SOLD
MLS#
2301668
Closing Date
Mar 26, 2025
Days on Market
112
Style
55 - 5-9 Units
Finished SqFt
5,040
Area Total SqFt
5040
Annual Tax Ammount
15018
Lot Size (sq ft)
5,000
Sewer
Sewer Connected

Property Description

6-Unit Ballard Multifamily for sale. Two of Six units are completely renovated. Opportunity for value add and rental upside with renovation. Units are spacious, with a mix of one and two-bedrooms. Building features common laundry, storage, covered parking, private balconies, separate entrances, and copper plumbing. Excellent location in the heart of Ballard, close to bus routes, parks and restaurants.

Additional Information

List Date
2024-12-04 00:00:00
Community
Ballard
Net Operating Income
$95,543
Gross Adjusted Income
$126,426
Gross Scheduled Income
$133,080
Total Monthly Income
$11,090
Insurance Expenses
$5,896
Water/Sewer/Garbage Expenses
$6,069
Gross Rent Multiplier
13.74
Total Expenses
$30,883
Cap Rate
5.24
Vacancy Rate
5
Total Number of Units
6
Unit Name
1427
Potential Terms
Cash Out, Conventional
Year Built
1964
Roof
Flat
Site Features
Deck, Patio
Other Expenses
3900
Energy Source
Electric
School District
Seattle
Total Monthly Income
$11,090
Gross Scheduled Income
$133,080
Vacancy Rate
5
Gross Adjusted Income
$126,426
Tax Year
2024
Insurance Expense
$5,896
W/S/G Expenses
$6,069
Total Expenses
$30,883
Net Operating Income
$95,543
Gross Rent Multiplier
13.74
Cap Rate
5.24
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.
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