2223 NW 59th ST, Seattle, WA 98107
2223 NW 59th ST, Seattle, WA 98107
2223 NW 59th ST, Seattle, WA 98107
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Listed by:Kidder Mathews • Max Frame
$3,495,000
Est. payment /mo
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3 Beds
2 Baths
9,408 SqFt
Active

2223 NW 59th ST Seattle, WA 98107

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,408 sqft

Price per Sqft $371

Subdivision Ballard

MLS Listing ID 2504524

Style 56 - 10+ Units

Bedrooms 3

Year Built 1964

Annual Tax Amount $31,291

Lot Size 10,000 Sqft

Lot Dimensions 10000

Property Sub-Type Multi Family

Property Description

Twin Courts presents a rare multifamily investment in the heart of Ballard, offering two contiguous parcels that create unique long-term exit strategies. The property has undergone substantial capital improvements, including updated electrical panels throughout and one roof being replaced in 2020 and the other in 2016. With 5 of 14 units already renovated, investors can continue the proven value-add program to unlock up to 28% rental growth potential. Efficient, well-designed floorplans drive strong tenant demand, while its highly walkable location ensures long-term desirability. With strong in-place rents, upside through remaining renovations, and flexible ownership options, Twin Courts stands out as a compelling Ballard opportunity.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Flooring Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Stone, Stucco

View Y/N Yes

View City

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

Virtual Tour https://simonandersonteam.com/listings/twin-courts/

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

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DJ Gee

DJ Gee

+1(253) 363-0413

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