7329 15th Ave NW, Seattle, WA, 98107

CAD 1,475,000
For Sale

Property Details

Bedrooms

9

Bathrooms

7

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 9 • Bathrooms: 7 • Square Feet: 4660 • Lot/Size: 4,403 sqft lot

Description: The Ballard Seven is a 7-unit apartment complex located just blocks from Ballard High School. The property unit mix consists of (1) Studio, (3) 1 bedroom/1bath and (3) 2 bedroom/1bath apartments. One 2 bedroom apartment is 1,100 sf and features a large rooftop terrace. The apartment interiors have been diligently maintained by the current ownership, which includes recent plumbing and electrical upgrades. This offering presents an investor with a cash-flow positive investment on day 1 with a simple value add path to an above market cash on cash return. The property has historically low vacancy and the current rents are within 10% of market rates which offers an attractive risk profile for a

Location

Address

7329 15th Ave NW, Seattle, WA, 98107

City

Seattle

Features and Finishes

Year Built: 1912; [object Object]; [object Object]; [object Object]

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