Bought with Skyline Properties, Inc.
$1,525,000
$1,550,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
5,350 SqFt
SOLD DATE : 07/03/2019
Key Details
Sold Price $1,525,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,350 sqft
Price per Sqft $285
Subdivision Northgate
MLS Listing ID 1442496
Sold Date 07/03/19
Style 55 - 5-9 Units
Year Built 1965
Annual Tax Amount $13,745
Lot Size 7,688 Sqft
Property Description
This property is a value investor's dream—one of a handful of true, deep value-add opportunities left in this highly coveted and picked-over submarket. Furthermore, the property is being offered 100% vacant making it ideal for any value-add investor desiring a quick turn around while minimizing risk. Great support for increasing rents and solid sales comps.
Unit mix (7 Total):
Six: 2 bdrm 1 ba at 725 SF
One: 3 bdrm 1 ba at 1015 SF
Please see attached OM!!
Location
State WA
County King
Area _705Ballardgreenlak
Interior
Fireplace false
Exterior
Exterior Feature Cement/Concrete, Wood
Utilities Available Sewer Connected, Electric
Amenities Available Fenced-Fully, Gated Entry
View Y/N No
Roof Type Flat,Torch Down
Building
Lot Description Alley, Paved
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Acceptable Financing Cash Out, Conventional, Rehab Loan
Listing Terms Cash Out, Conventional, Rehab Loan
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