Bought with Windermere Real Estate Midtown
$1,170,000
$1,080,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
2,930 SqFt
SOLD DATE : 01/31/2025
Key Details
Sold Price $1,170,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,930 sqft
Price per Sqft $399
Subdivision Ballard
MLS Listing ID 2315510
Sold Date 01/31/25
Style 53 - Tri-plex
Bedrooms 6
Year Built 1964
Annual Tax Amount $11,554
Lot Size 5,000 Sqft
Property Description
Location! Location! Location! This triplex is right in the heart of charming Ballard. No wonder it's 100% rented. Just blocks from restaurants, shopping, parks, the library and more. Three bedroom unit has been rented for 14 years and is month to month. Two bedroom has been rented for 6 years, has new windows and lease ends August 2025. One bedroom, was renovated and just rented. This asset has below-market rents which can mean significant revenue growth for you. Please do not disturb tenants.
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Fireplace false
Exterior
Exterior Feature Wood Products
Amenities Available Fenced-Fully
View Y/N Yes
View Territorial
Roof Type Composition
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
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