2437 NW 57th St

    Seattle, WA 98107
    • $2,200,000
    • STATUS: Active
    • ON SITE: 32 days
    • ID#: 1425725
    $2,200,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,848
      SQFT
    • $454
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Information

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

    Description

    Pines I, a 6-unit property ideally located in the heart of Ballard. Built in 1956, consists of six one and two-bedroom units. Three of the six units at Pines have undergone complete renovations to include quartz counter tops, stainless steel appliances, hard wood floors, as well as new electrical and plumbing fixtures. Renovated units are capturing as much as an additional $400 per unit per month. Additional units can be added in existing laundry rooms, storage, and garage spaces. Zoned LR3.

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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 2019-04-22T00:17:21.633.

    www.kimberlygartlandgroup.com/homes/92867024

    2437 NW 57th St Seattle, WA 98107

    • Price: $2,200,000
    • Status: Active
    • ID#: 1425725
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    4,848
    SQFT
    $454
    $/SQFT
    1956
    Built
    Neighborhood:
    Ballard
    County:
    King
    Area:
    Ballard/Greenlake
    High School:
    Ballard High
    School District:
    Seattle
    Property Description
    Pines I, a 6-unit property ideally located in the heart of Ballard. Built in 1956, consists of six one and two-bedroom units. Three of the six units at Pines have undergone complete renovations to include quartz counter tops, stainless steel appliances, hard wood floors, as well as new electrical and plumbing fixtures. Renovated units are capturing as much as an additional $400 per unit per month. Additional units can be added in existing laundry rooms, storage, and garage spaces. Zoned LR3.
    Exterior Features

    Carport Spaces 0 Exterior BrickMetal/Vinyl Garage Spaces 0 Roof Flat Stories In Building 2 Style 55 - 5-Plex Total Parking Spaces 0 Uncovered Spaces 6

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Wall Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 645 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 645 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 900 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 925 Unit4 Washer Dryer Y Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 765 Unit5 Washer Dryer Y Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 645 Unit6 Washer Dryer Y Units Below Grade N

    Property Features

    Amenities See Remarks Bank Owned No Cap Rate 4.02 Electrical Expenses 391 Energy Source Electric EPSEnergy 0 Form17 Provided Gross Adjusted Income 122915 Gross Rent Multiplier 17 Gross Scheduled Income 128846 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3000 Leased Items None Net Operating Income 88428 New Construction YN No Other Expenses 11180 Possession ClosingSub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 12221 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 34487 Total Expenses TEX 34487 Total Monthly Income 10737 Unit1 Monthly Rent 1350 Unit2 Monthly Rent 1415 Unit3 Monthly Rent 1750 Unit4 Monthly Rent 2165 Unit5 Monthly Rent 1755 Unit6 Monthly Rent 1450 Vacancy Rate 5 Water Sewer Garbage 7696 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 2019-04-22T00:17:21.633.

     
    Kimberly Gartland Group - Keller Williams Realty
    5263 Olympic Drive NW, Suite B
    Gig Harbor WA, 98335
    Listing Courtesy of Cbre Inc.