2411 NW 57th Street, Seattle, WA 98107

$1,995,000
4,590
SqFt

Listing courtesy of Real Property Associates.

List Price
$1,995,000
Status
ACTIVE
MLS#
1875360
Days on Market
81
Style
55 - 5-9 Units
Building Condition
Good
Finished SqFt
4,590
Area Total SqFt
4590
Lot Size (sq ft)
5,000

Property Description

Introducing the Kari Apartments. Classic, renovated six unit in the heart of Ballard. Large units: Two two bedrooms, with fireplaces; Four one bedrooms. Several units are significantly renovated. Seven parking spaces, with three carport spaces under an expansive deck area. Walkable to everything, and rarely vacant. Common laundry area. New TPO roof 2020. LR3 (M) zoning with potential to add units or redevelop now, or in the future.

Additional Information

List Date
2021-11-05 23:34:09
Community
Ballard
Potential Terms
Conventional, FHA
Year Built
1964
View
Territorial
Roof
See Remarks
Site Features
High Speed Internet
Heating/Cooling Type
Baseboard
Electric Expenses
571
Other Expenses
841
Energy Source
Electric
School District
Seattle
High School
Ballard High
Total Monthly Income
$10,060
Gross Scheduled Income
$120,720
Vacancy Rate
3
Gross Adjusted Income
$117,098
Tax Year
2021
Insurance Expense
$1,730
W/S/G Expenses
$7,333
Total Expenses
$28,119
Net Operating Income
$88,979
Gross Rent Multiplier
16.5
Cap Rate
4
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