2418 NW 58th ST new to site

Seattle,WA 98107

$ 5300000

0 Bed

2 Baths

12581 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,581 sqft

Price per Sqft $421

Subdivision Ballard

MLS Listing ID 2447197

Style 56 - 10+ Units

Year Built 2015

Annual Tax Amount $45,082

Lot Size 4,650 Sqft

Property Sub-Type Multi Family

Property Description

Built in 2015, 2418 Ballard offers immediate rental upside with rents ~13% below market. Priced at $5.3M ($126K/unit), recent leases show 10% rent growth. Prime Ballard location just three blocks from Market St and 24th Ave with easy access to downtown. Features 42 efficient micro units averaging 196 SF with modern finishes and kitchenettes (varies by unit). Amenities include communal kitchens, rooftop deck, garden, laundry, and high-speed internet. Walk Score 97, near future Ballard Station (2039).

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Flooring Vinyl,Carpet

Fireplace false

Exterior

Exterior Feature See Remarks

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

View More
Favorite Go Tour