Prepared by https://www.commercialmls.com
6737 16th Ave NW Seattle WA 98117
Listing #: 685707 | Status: Available | Last Modified: 8/26/2024
Showing Instructions | |
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Call Listing Agent | No |
Use Discretion | No |
Investment Information | |
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Investment Prop | Yes |
Gross Income | 102,372 |
Vacancy Factor % | 5.35% |
Operating Expenses | 30,465 |
Net Operating Income | 66,435 |
CAP Rate | 4.81 % |
Detail Listing Information | |
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Min Total SF | 0 SF |
Max Total SF | 0 SF |
Lease Rate Low | $ 0.00 |
Lease Rate High | $ 0.00 |
Retail Information | |
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Signage | Signage on Building and Freestanding |
Financial Summary | |
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CAP Rate | 4.810 |
Building Information | |
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Building Status | Existing |
# of Buildings | 1 |
# of Floors | 2 |
# of Units | 6 |
Total Building SF | 3,300 SF |
Net Rentable Area | 2,900 SF |
Total Office SF | 0 SF |
Largest Contiguous SF | 0 SF |
Lot SF | 5,097 SF |
Acres | 0.12 |
Year Built | 1911 |
Property Type | |
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Property Type | Multi-Family |
Location | |
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County | King |
Market Area | Fremont/Ballard |
Tax ID # | 7518501530 |
Zoning | NR3 |
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.
Ballard 6
6737 16th Ave NW Seattle WA 98117
Listing #: 685707 | Status: Available | Listing Date: 8/21/2024 | Last Modified: 8/26/2024 | Email Listing