2431 NW 57th St

    Seattle, WA 98107
    • $1,480,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: 1425695
    UPDATED: 15 min ago
    $1,480,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,740
      SQFT
    • $396
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1967
    County:

    School Information

    High School:
    School District:
    Listing Courtesy of Cbre Inc.

    Description

    Pines II, a triplex built in 1967 located in the heart of Ballard offers three well-maintained two-bedroom units. Pines II offers new ownership a value-add investment in a great location with upside in converting garage spaces into more units. Zoned LR3, the property is primed for redevelopment located within the City of Seattle's Urban Village and Frequent Transit overlay, allowing for development without parking requirements. Walk score of 96.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-18T12:16:17.25.

    www.kimberlygartlandgroup.com/homes/92867023

    2431 NW 57th St Seattle, WA 98107

    • Price: $1,480,000
    • Status: Active
    • Updated: 15 min ago
    • ID#: 1425695
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,740
    SQFT
    $396
    $/SQFT
    1967
    Built
    Neighborhood:
    Ballard
    County:
    King
    Area:
    Ballard/Greenlake
    High School:
    Ballard High
    School District:
    Seattle
    Property Description
    Pines II, a triplex built in 1967 located in the heart of Ballard offers three well-maintained two-bedroom units. Pines II offers new ownership a value-add investment in a great location with upside in converting garage spaces into more units. Zoned LR3, the property is primed for redevelopment located within the City of Seattle's Urban Village and Frequent Transit overlay, allowing for development without parking requirements. Walk score of 96.
    Exterior Features

    Carport Spaces 0 Exterior StuccoWood Foundation Poured ConcreteSee Remarks Garage Spaces 2 Lot Details Value In Land Roof Composition Stories In Building 1 Style 53 - Tri-plex Total Parking Spaces 4 Uncovered Spaces 2

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1005 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1000 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 860 Unit3 Washer Dryer Y Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities See Remarks Bank Owned No Cap Rate 2.75 Electrical Expenses 660 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 57565 Gross Rent Multiplier 24 Gross Scheduled Income 60424 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1500 Leased Items None Net Operating Income 40724 New Construction YN No Other Expenses 7261 Possession ClosingSub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Available Tax Amount 6254 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 16840 Total Expenses TEX 16840 Total Monthly Income 5035 Unit1 Monthly Rent 1695 Unit2 Monthly Rent 1695 Unit3 Monthly Rent 1375 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 5 Water Sewer Garbage 1165 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Kimberly Gartland Group - Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-18T12:16:17.25.

     
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    Listing Courtesy of Cbre Inc.