801 NW 54th ST new to site

Seattle,WA 98107

$ 3200000

17 Beds

16 Baths

6560 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,560 sqft

Price per Sqft $487

Subdivision Ballard

MLS Listing ID 2445525

Style 56 - 10+ Units

Bedrooms 17

Year Built 1954

Annual Tax Amount $25,238

Lot Size 8,800 Sqft

Property Sub-Type Multi Family

Property Description

Gilman Park Plaza - Current Cap of 5.87% with in place rent. 16 units in the prime Ballard neighborhood consists of 15 1Bed/1Ba units and one 2Bed/1Ba. 7 off street parking spaces, extra onsite storage stalls for extra income. Upgrades to the property in the last two years include a new TPO roof was installed in 2024, updated sewer lines along with exterior paint. Located close to mass transit and a walk score of 86/100 making this an ideal investment for future growth in one of the most bustling and vibrant neighborhoods in Seattle.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Flooring Laminate,Vinyl Plank

Exterior

Exterior Feature Brick,Metal/Vinyl,See Remarks

View Y/N No

Roof Type Flat

Building

Lot Description Corner Lot

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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