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Listed by COMPASS
$3,200,000
Est. payment /mo
17 Beds
16 Baths
6,560 SqFt
UPDATED:
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
Fireplace false
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
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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