Active
$2,100,000
Price
4,590
SqFt
4,590
SqFt

2411 NW 57th Street

Seattle, Washington WA98107

Introducing the Kari Apartments. Classic, renovated six unit in the heart of Ballard. Large units: Two two bedrooms, with fireplaces; Four one bedrooms. Several units are significantly renovated. Seven parking spaces, with three carport spaces under an expansive deck area. Walkable to everything, and rarely vacant. Common laundry area. New TPO roof 2020. LR3 (M) zoning with potential to add units or redevelop now, or in the future.

About This Property

Listing ID1857678
Price$2,100,000
StatusActive
SqFt 4,590
Acres 0.115
CountyKing
SubdivisionBallard
Year Built1964
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision Ballard
Year Built 1964
Building Area Units Square Feet
Furnished Unfurnished
Heating Cooling Type Baseboard
Living Area Units Square Feet
Stories Total 3
Carport Spaces 3
Elevation Units Feet
Exterior Features Brick
Foundation Details Slab
Lot Features Paved, Sidewalk
Lot Number 9
Lot Size Square Feet 5000
Lot Size Units Square Feet
MLS Lot Size Source Realist
Number Of Units Total 6
Open Parking Spaces 4
Parking Total 7
Parking Uncovered Spaces 4
Roof See Remarks
Sewer Sewer Connected
Sewer Company SPU
Structure Type Multi Family
Style Code 55 - 5-9 Units
Units Below Grade false
Units In Building Total 6
Utilities High Speed Internet, Sewer Connected, Electricity Available
Water Company SPU
Water Sewer Garbage 7333
Block 50
Building Area Total 4590
Building Name GILMAN PARK ADD PLAT
Country US
High School Ballard High
High School District Seattle
MLS Area Major 705 - Ballard/Greenlak
View Territorial
Waterfront no
Zoning Class Multi-Family
Zoning Jurisdiction City
Amenities Coin Op Laundry
Effective Year Built Source Public Records
First Right Of Refusal no
Mls Status Active
Offers Seller intends to review offers upon receipt
Possible Use Multi-Family
Power Company Seattle City Light
Power Production Type Electric
Preliminary Title Ordered yes
Property Condition Good
Site Features High Speed Internet
Year Built Effective 1995
Cap Rate 4.17
Electric Expense 571
Gross Adjusted Income 117098
Gross Rent Multiplier 17
Gross Scheduled Income 120720
Insurance Expense 1730
Leasable Area 4590
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 87611
Other Expense 841
Possession Closing
Sale Type MLS
Seller Disclosure Provided
Special Listing Conditions None
Tax Annual Amount 17644
Tax Year 2021
Total Expenses 29487
Total Monthly Income 10060
Vacancy Rate 3

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2411 NW 57th Street Seattle, WA 98107

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