5700 20th Ave NW, Seattle, WA 98107

$1,199,000

Listing courtesy of Coldwell Banker Danforth.

List Price
$1,199,000
Status
ACTIVE
MLS#
1662011
Days on Market
28
Style
55 - 5-9 Units
Building Condition
['Good']
Lot Size (sq ft)
3,400

Property Description

Great low maintenance 5 unit Buiding in the Heart of Ballard. This mid rise zoned property (MRRC) is located amongst new apartment buildings all around. Well maintained brick building that has always been easy to rent. Located within 2 blocks of Market Street.

Additional Information

List Date
2020-09-01 00:00:00
Community
Ballard
Property Type
MULT
Units
5
Stories
1
Potential Terms
Cash Out, Conventional
Year Built
1954
Exterior
Brick
Roof
Torch Down
School District
Seattle
Total Monthly Income
$6,065
Gross Scheduled Income
$72,780
Vacancy Rate
3
Gross Adjusted Income
$70,607
Annual Taxes
$7,221
Tax Year
2019
Insurance Expense
$1,961
W/S/G Expenses
$3,874
Total Expenses
$18,918
Net Operating Income
$51,679
Gross Rent Multiplier
17
Cap Rate
4

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
500
Unit 1 Rent
$1,175
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
500
Unit 2 Rent
$1,250
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
500
Unit 3 Rent
$1,270
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Size
500
Unit 4 Rent
$1,170
Unit 5 Beds
1
Unit 5 Baths
1.00
Unit 5 Size
500
Unit 5 Rent
$1,200
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