Located in the heart of Ballard, one of Seattle's most vibrant and in-demand neighborhoods, this exceptional townhouse asset offers a rare opportunity to own a fully remodeled, high-quality investment property in a premier urban location. Built in 1989, this property has been completely remodeled throughout. Each of the four spacious, townhouse-style units features a thoughtful floor plan with two large bedrooms and a full bathroom upstairs. The common living areas and a convenient half bath are located downstairs. The units boast condo-quality finishes, including stainless steel appliances, cherry wood cabinetry, and panel doors with nickel hardware. For added convenience, each residence has an in-unit washer/dryer. Each unit also includes a separate patio with access to a fenced yard, providing private outdoor space. This fully updated, stabilized asset is situated in one of Seattle’s most supply-constrained and desirable submarkets, just a short walk from Central Ballard. Offered below replacement cost, it represents a low-risk, high-quality investment perfect for investors seeking immediate income and long-term value.