1771 NW 59th St, Seattle, WA 98107

$1,695,000
4,668
SqFt

Listing courtesy of Dave Poletti & Associates.

List Price
$1,695,000
Status
ACTIVE
MLS#
1233835
Days on Market
36
Style
55 - 5-9 Units
Building Condition
Good
Finished SqFt
4,668
Lot Size (sq ft)
4,200

Property Description

Unique 5-Plex in the heart of Ballard. Building has large multi-level owners unit ( currently rented )with 2 car garage. Shared coin-op laundry for residents to use. Very close to Market St, shops, stores, restaurants, etc.Very desirable location. Some rents low due to long term tenants.

Additional Information

List Date
2018-01-19 00:00:00
Community
Ballard
Property Type
MULT
Units
5
Stories
3
Potential Terms
Cash Out
Year Built
1971
Total Parking
7
Uncovered Parking
5
Exterior
Wood
Roof
Flat
Lot Details
Paved Street
School District
Seattle
Total Monthly Income
$5,935
Gross Scheduled Income
$70,860
Vacancy Rate
3
Gross Adjusted Income
$68,735
Annual Taxes
$10,738
Tax Year
2017
Insurance Expense
$3,500
W/S/G Expenses
$9,805
Total Expenses
$42,627
Net Operating Income
$26,108
Gross Rent Multiplier
23
Cap Rate
1

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
600
Unit 1 Rent
$1,000
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
500
Unit 2 Rent
$870
Unit 3 Beds
3
Unit 3 Baths
2.50
Unit 3 Size
1500
Unit 3 Rent
$1,350
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
800
Unit 4 Rent
$1,090
Unit 5 Beds
2
Unit 5 Baths
1.00
Unit 5 Size
800
Unit 5 Rent
$1,595

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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