5816 17th Ave NW

Seattle, WA 98107
$1,110,000
  • 3,440 Sq. Ft.
  • 1911 Year Built
  • 0.09 Acres

Property Highlights

Neighborhood:
Ballard
Light Rail Distance:
3.79 mi (University of Washington Station)
Acreage:
0.09 acres
Sold
  • Property Description
    Amazing income potential on this terrific property. All tenants on month-to-month leases with rents well below market rates but pro-forma cap rate is easily above 5%. Used as a tri-plex but rented with a 4th unit for years. Buyer to verify use to their satisfaction.
  • Property Details
    • MLS ID:
      1071635
    • Area:
      Ballard/Greenlake
    • Community:
      Ballard
    • County:
      King County
    • Elementary School:
      Adams
    • Flooring:
      Ceramic Tile, Hardwood, Vinyl, Wall to Wall Carpet
    • High School:
      Ballard High
    • Interior Square Footage:
      3,440
    • Junior High School:
      Whitman Mid
    • Lot Size Sq. Ft.:
      3,900
    • Lot Style:
      Corner Lot, Paved Street, Sidewalk
    • Property Type:
      Multi-Family
    • Status:
      Sold
    • Year Built:
      1911
  • Additional Highlights
    • Exterior:
      Stone, Wood, Wood Products
    • Gross Income:
      $72,000
    • Heating / Cooling:
      Radiator
    • Roofing:
      Composition
    • Water Source:
      Public
    • Water/Sewer/Garbage:
      6400
    • Zoning:
      Multi-Family, See Remarks
  • Amenities
    • Site Features:
      Gas Available
  • Taxes and Fees
    • Taxes (Est):
      $6,240
    • Taxes (Year):
      2016
    • Total Operating Expense:
      $16,400

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  • John Madrid

    John Madrid

    Managing Broker | Assistant Branch Manager

Location

5816 17th Ave NW, Seattle Washington, 98107 United States

Ballard Neighborhood

Price Range :
$285K-$3M

Ballard

Once its own city, Ballard is now a neighborhood within Seattle. Residents and visitors spend much of their time on the Burke-Gilman trail that outlines the lake along the cut, at the shores for the fisherman’s freshest catch, or taking in views that stun from Shilshole Bay or the Hiram M. Chittenden (“Ballard”) Locks. A marine town primarily comprised of those of Scandinavian descent in its early years, the town pays tribute to its history...

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5816 17th Ave NW, Seattle Washington, 98107 United States
  • John Madrid

    John Madrid

    Managing Broker | Assistant Branch Manager