This five-unit building features large units with private balconies in an excellent Ballard location just four blocks north of Market Street. The Ballard 5 consists of three one bedroom one bath units ranging in size from 760 to 810 square feet, a large two bedroom one-and-a-half-bath unit that is 960 square feet, and a penthouse unit. The penthouse is 1, 210 square feet and is a two bedroom one and a half bath unit featuring large living spaces throughout. The units have private balconies for the tenants enjoyment. Two of the units have received full remodels and a third unit has been partially updated. There is a common laundry room on site for the tenants use.
Property Features
Heating and Cooling
- Heating Features: Radiant
- Heating Fuel: Electric
- Heating: Yes
Exterior and Lot Features
Garage and Parking
- Carport Spaces: 3
- Open Parking Spaces: 4
- Open Parking: Yes
- Parking Total: 7
Land Info
- Lot Size Acres: 0.1147842
- Lot Size Square Feet: 5000
Rental Info
- Gross Scheduled Income: 121155
- Leasable Area: 4500
- Leasable Area Units: Square Feet
Multi-Unit Info
- Number of Units: 5
- Bedrooms in Unit-1: 1
- Bedrooms in Unit-2: 2
- Bedrooms in Unit-3: 1
- Bedrooms in Unit-4: 2
- Bedrooms in Unit-5: 1
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Total Bathrooms in Unit-4: 1.5
- Total Bathrooms in Unit-5: 1
- Unit-1 Description: 1
- Unit-2 Description: 2
- Unit-3 Description: 3
- Unit-4 Description: 4
- Unit-5 Description: 5
- Unit-1 Square Feet: 760
- Unit-2 Square Feet: 960
- Unit-3 Square Feet: 760
- Unit-4 Square Feet: 1210
- Unit-5 Square Feet: 810
- Unit 1 Total Actual Rent: 1950
- Unit 2 Total Actual Rent: 2040
- Unit 3 Total Actual Rent: 1800
- Unit 4 Total Actual Rent: 2015
- Unit 5 Total Actual Rent: 1710
School Information
- High School District: Seattle
Homeowners Association
- Calculated Total Monthly Association Fees: 0
Other Property Info
- Annual Tax Amount: 15151
- Source Listing Status: Pending
- Country Region: US
- County: King
- Cap Rate: 4.78
- Directions: From Downtown Seattle, take Elliott Ave W and 15th Ave W to NW 59th St. Turn left onto NW 59th St.
- Tax Year: 2024
- Other Expense: 7022
- Source Property Type: Multi-Family
- Insurance Expense: 6348
- List Development Name: Ballard
- Property Subtype: condo
- Source Neighborhood: Ballard
- Parcel Number: 2767603565
- Street Suffix Modifier: Street
- Subdivision: Ballard
- Property Subtype: Multi-family
- Source System Name: C2C
- Buyer Agent Commission: 2.25
Commercial Info
- Net Operating Income: 78826
Building and Construction
- Total Square Feet Living: 4500
- Building Area Total: 4500
- Building Area Units: Square Feet
- Living Area Units: Square Feet
- Property Age: 45
- Roof: Flat
- Building Total Stories: 3
- Structure Type: Multi Family
- Elevation Units: Feet
Utilities
- Power Production Type: Electric
- Sewer: Sewer Connected
