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 ID1875360
SqFt 4,590
Acres 0.115
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
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 4.4
Electric Expense 571
Gross Adjusted Income 117098
Gross Rent Multiplier 16.5
Gross Scheduled Income 120720
Insurance Expense 1730
Leasable Area 4590
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 88979
Other Expense 841
Possession Closing
Sale Type MLS
Seller Disclosure Provided
Special Listing Conditions None
Tax Annual Amount 17644
Tax Year 2021
Total Expenses 28119
Total Monthly Income 10060
Vacancy Rate 3

Schedule a Showing - Listing ID 1875360

Please enter your preferences in the form. We will contact you in order to schedule an appointment to view this property. For more immediate assistance, please call WPI Real Estate at 206.522.8172.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

2411 NW 57th Street Seattle, WA 98107

Browse Similar Listings

Similar Listings

The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. The information contained in this listing has not been verified by WPI Real Estate Services, Inc. (7101) and should be verified by the buyer. © 2022 NWMLS. All rights reserved. Data last updated: Saturday, January 22nd, 2022 08:02:10 PM.
Active Listing courtesy of Real Property Associates
Active Listing courtesy of Real Property Associates
Active Listing courtesy of Real Property Associates
Data services provided by IDX Broker