5506 7th Ave NW - Apartments FOR SALE


Seattle, WA 98107- West Woodland
$1,250,000 USD
425-221-8557
5506 7th Ave NW, Seattle, WA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/16
null | 4.16% Cap Rate

5506 7th Ave NW
Seattle, WA 98107
West Woodland


OVERVIEW

Explore this prime multifamily property in the heart of the Seattle MF area. Boasting a 2,770 SF building with three updated units this impeccably maintained property offers outstanding investment potential. Built in 1969 and thoughtfully renovated in 2012, it presents a compelling opportunity for a discerning investor. With LR1(M) zoning and a full occupancy rate, this asset is positioned for immediate income generation and future growth. Don't miss out on the chance to own a piece of this thriving market with a property that exemplifies the best of low-rise, garden-style living in the Seattle area.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$451 USD /SF

# OF UNITS

3

PRICE/UNIT

$416,667

CAP RATE

4.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ballard Triplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1969

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

LR1 (M)

APN/PARCEL ID

276820-0090

ASK ABOUT THIS PROPERTY

Keith McKinneyColdwell Banker Commercial RealtyMore Info
425-221-8557

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Keith McKinneyColdwell Banker Commercial RealtyMore Info
425-221-8557

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.