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Listed by:Westlake Associates, Inc. • Curran C. Hagstrom
$10,500,000
Est. payment /mo
56 Beds
56 Baths
44,957 SqFt
Pending
1433 NW 64th ST Seattle, WA 98107
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 44,957 sqft
Price per Sqft $233
Subdivision Ballard
MLS Listing ID 2487778
Style 56 - 10+ Units
Bedrooms 56
Year Built 1986
Annual Tax Amount $109,284
Lot Size 0.344 Acres
Property Sub-Type Multi Family
Property Description
The Ballard 32 Apartments is a rare opportunity to acquire a well-maintained, value-add multifamily asset in the heart of Ballard. Built in 1986, this sought-after vintage benefits from more modern systems and construction standards while meeting strong tenant demand for updated housing in one of Seattle's most desirable neighborhoods. Uniquely positioned as a turnkey investment with attractive in-place cash flow, the property offers immediate stability combined with real value-add potential through maximizing NOI via modest rent increases to market. All 32 units feature generous layouts with large kitchens, dining nooks, expansive living rooms and bedrooms, private decks, and full-size in-unit washer and dryers. 19 units fully renovated with quartz countertops, new cabinetry, stainless appliances, luxury vinyl plank flooring, and modernized bathrooms. 12 units partially upgraded with new LVP flooring, paint, and appliances. Only 1 unit remains in original condition. The building offers 32 dedicated parking spaces in a secure underground garage. A hydraulic elevator provides convenient access from the garage to all 4 residential floors. Systems and construction features include copper plumbing lines, double-pane vinyl windows, electric heat, and wood frame construction with marble crete siding.
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Cement/Concrete, Wood
Garage Spaces 32.0
Amenities Available Deck, Fenced-Partially, Gated Entry
View Y/N No
Roof Type Flat
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional

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