1727 NW 61st Street, Seattle, WA 98107
- $1,832,000
- 3,963
- SqFt
Listing courtesy of Capstone Commercial. Selling Office: eXp Realty.
- Sold Price
- $1,832,000
- List Price
- $1,900,000
- Status
- SOLD
- MLS#
- 2413741
- Closing Date
- Oct 09, 2025
- Days on Market
- 43
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,963
- Area Total SqFt
- 3963
- Annual Tax Ammount
- 14558
- Lot Size (sq ft)
- 4,750
- Sewer
- Sewer Connected
Property Description
Located in the heart of Ballard, this exceptional townhouse asset offers a rare opportunity to own a remodeled investment property. Built in 1989 and completely renovated, this four-unit building is situated in one of Seattle's most desirable neighborhoods. Each townhouse-style unit is designed for modern living with two large bedrooms and a full bathroom upstairs, complemented by a half bath and open kitchen/living areas downstairs. All units feature condo-quality finishes, including stainless steel appliances, cherry wood cabinetry, in-unit washer/dryer and a private patio with a fenced yard. This property is a high-quality investment offered below replacement cost, perfect for investors seeking immediate income and long-term value.
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Additional Information
- List Date
- 2025-08-27 00:00:00
- Community
- Ballard
- Net Operating Income
- $108,615
- Gross Adjusted Income
- $133,220
- Gross Scheduled Income
- $137,340
- Total Monthly Income
- $11,445
- Insurance Expenses
- $1,620
- Water/Sewer/Garbage Expenses
- $3,927
- Gross Rent Multiplier
- 13.83
- Total Expenses
- $24,605
- Cap Rate
- 5.72
- Vacancy Rate
- 3
- Total Number of Units
- 4
- Unit Name
- 1727
- Potential Terms
- Cash Out
- Year Built
- 1989
- Roof
- Composition
- Electric Expenses
- 1000
- Other Expenses
- 3500
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $11,445
- Gross Scheduled Income
- $137,340
- Vacancy Rate
- 3
- Gross Adjusted Income
- $133,220
- Tax Year
- 2025
- Insurance Expense
- $1,620
- W/S/G Expenses
- $3,927
- Total Expenses
- $24,605
- Net Operating Income
- $108,615
- Gross Rent Multiplier
- 13.83
- Cap Rate
- 5.72
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.