5121 17th Ave NW
Seattle WA 98107
Sunset House Apartments
5121 17th Ave NW Seattle WA 98107
Listing #: 686186 | Status: Available | Last Modified: 9/25/2024 |
For Sale
- Phone:(206) 604-3400
- Email:cchevaillier@lee-associates.com
- Office Name:Lee & Associates Comm R.E Serv
- Office Phone:(206) 624-2424
- Office Website:www.lee-nw.com
- Agent Phone:(206) 773-2696
- Agent Email:dlim@lee-associates.com
- Agent Phone:(206) 773-2680
- Agent Email:dsumantri@lee-associates.com
- Agent Phone:(925) 719-3480
- Agent Email:clarsen@lee-associates.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 5,400,000.0
- $/SF$ 391.3
- $/Unit$ 5,400,000.0
- Listing StatusAvailable
- Days on Market28
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income385,035
- Vacancy Factor %5.00%
- Operating Expenses145,467
- Net Operating Income220,316
- CAP Rate 4.44 %
- 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 4.44 %
- Building StatusExisting
- # of Buildings1
- # of Floors5
- # of Units21
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF13800
- Net Rentable Area13800
- Total Office SF
- Largest Contiguous SF
- Lot SF8276
- Acres0.19
- Property TypeMulti-Family
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaFremont/Ballard
- Tax ID #2767703780
- Additional Parcels
- ZoningMR(M)
- # Covered Spaces0
- # Uncovered Spaces10
- Total Parking Spots10
- Parking Ratio
- Year Built1964
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeMasonry, Metal
Immaculate 21-Unit in Prime Ballard Location
We are pleased to present the Sunset House, a 21-unit apartment building which exemplifies pride of ownership. Built in 1964, this building is being offered to the market now for the first time since it was built. It has been meticulously maintained and has 16 spacious one-bedroom units, 4 two-bedroom units, and 1 three-bedroom, two-bath unit. Enhanced with copper and PEX plumbing, Sunset House apartments also features upgraded double-paned vinyl windows on the west and north side. Recent capital improvements include painting the lanai’s panels & railings in July 2024, remortaring the bricks on the south side in 2022 and the north side in 2017. Located in the heart of Ballard, residents enjoy the vibrant amenities of Old Ballard, all within walking distance. Key features of the Sunset
