6737 16th Ave NW
Seattle WA 98117
Ballard 6
6737 16th Ave NW Seattle WA 98117
Listing #: 685707 | Status: Available | Last Modified: 11/4/2024 |
For Sale
- Phone:(206) 321-3226
- Email:chad@westlakeassociates.com
- Office Name:Westlake Associates, Inc.
- Office Phone:(206) 505-9400
- Office Website:
- Agent Phone:(206) 743-6405
- Agent Email:mattm@westlakeassociates.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,495,000.0
- $/SF$ 515.5
- $/Unit$ 1,495,000.0
- Listing StatusAvailable
- Days on Market91
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income102,372
- Vacancy Factor %5.35%
- Operating Expenses30,465
- Net Operating Income66,435
- CAP Rate 4.81 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 4.81 %
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units6
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF3300
- Net Rentable Area2900
- Total Office SF
- Largest Contiguous SF
- Lot SF5097
- Acres0.12
- Property TypeMulti-Family
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaFremont/Ballard
- Tax ID #7518501530
- Additional Parcels
- ZoningNR3
- Year Built1911
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Ballard 6 Unit For Sale
SELLER FINANCING AVAILABLE Ballard 6 is a true gem situated in an enviable location, just a few blocks from Ballard High School. Built in 1911, the Ballard 6 features five charming one-bedroom, one-bath units and one cozy studio. Available for the first time in over thirty years, it represents a rare investment opportunity. Located in Ballard, one of Seattle’s most desirable neighborhoods, the property benefits from the area’s vibrant mix of trendy restaurants, eclectic shops, lively bars, and craft breweries, all centered around historic Ballard Avenue. Nearby, the iconic Hiram M. Chittenden Locks, commonly known as the Ballard Locks, offer picturesque views and a popular picnic spot, while Golden Gardens Park provides sandy beaches, volleyball courts, and stunning mountain vistas.