Bought with Paragon Real Estate Advisors
$2,775,000
$2,500,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
11,794 SqFt
SOLD DATE : 08/09/2024
Key Details
Sold Price $2,775,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,794 sqft
Price per Sqft $235
Subdivision Ballard
MLS Listing ID 2265686
Sold Date 08/09/24
Style 56 - 10+ Units
Year Built 1979
Annual Tax Amount $38,241
Lot Size 10,000 Sqft
Property Description
Centrally located in the heart of Ballard, this property located at 1719 NW 57th St is ready for the vision of new ownership. On the market for the first time in decades, this 12-unit apartment is comprised of (7) two-bedroom one-bath units, and (5) one-bedroom one-bath units. The building was originally constructed in 1979. Common laundry rooms with coin-op machines are located on the main and top floor. Off-street carport parking is plentiful with 12 covered stalls, and potential space for additional uncovered parking. Property offers investors, as well as developers, several different value-add options. These options include renovating existing units, adding additional units, or simply holding as a land bank for future development.
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Deck
Waterfront No
View Y/N No
Roof Type Flat,See Remarks
Building
Lot Description Alley, Paved, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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