6737 16th Ave NW
Seattle WA 98117

Ballard 6

6737 16th Ave NW Seattle WA 98117

Listing #: 685707 | Status: Available | Last Modified: 8/26/2024 |

For Sale
Chad Martini
Matthew Moloney
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,495,000.0
  • $/SF$ 515.5
  • $/Unit$ 1,495,000.0
  • Listing StatusAvailable
  • Days on Market10
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income102,372
  • Vacancy Factor %5.35%
  • Operating Expenses30,465
  • Net Operating Income66,435
  • CAP Rate 4.81 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 4.81 %
Building Information
  • 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 Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaFremont/Ballard
  • Tax ID #7518501530
  • Additional Parcels
  • ZoningNR3
Construction
  • Year Built1911
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Ballard 6 Unit For Sale

Public Comments

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.

Listing Images