5700 20th Ave NW, Seattle, WA 98107

$1,295,000
2,448
SqFt

Listing courtesy of Coldwell Banker Danforth.

List Price
$1,295,000
Status
ACTIVE
MLS#
1466102
Price Change
▼ $140,000 1563594492
Days on Market
80
Style
55 - 5-9 Units
Building Condition
['Good']
Finished SqFt
2,448
Lot Size (sq ft)
3,400

Property Description

Great low maintenance 5 unit Buiding in the Heart of Ballard. This mid rise zoned property 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
2019-05-30 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
Site Features
Cable TV, Gas Available
Lot Details
Corner Lot, Curbs, Paved Street, Sidewalk
School District
Seattle
High School
Ballard High
Total Monthly Income
$6,020
Gross Scheduled Income
$72,240
Vacancy Rate
3
Gross Adjusted Income
$70,795
Annual Taxes
$7,499
Tax Year
2018
Insurance Expense
$1,925
W/S/G Expenses
$3,932
Total Expenses
$19,456
Net Operating Income
$51,339
Gross Rent Multiplier
18
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
$1,250
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
$1,175
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