Property Details

2232 NW 58th St

Seattle, WA 98107

$1,639,000

Off Market

CBA# 699104 courtesy of CBA Listing firm: Blake Investment Advisors

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Commercial

Property Type

5,694

Bldg Sq Ft

Units

1979

Year Built

Property Overview

5.61% In-Place Cap Rate | The Ballard Commons 5 was built in 1979 and features five large 925-square-foot, 2-bedroom, 2-bathroom apartments, each with a master bedroom and en-suite bathroom. Amenities include a shared coin-operated laundry room, 4 covered carport parking stalls, and private balconies and wood-burning fireplaces for all units. Apartments are heated by either electric baseboard or forced-air wall heaters, and the plumbing is to copper. Ownership has made ongoing interior improvements, with units 2,4, and 5 featuring luxury vinyl plank flooring or new carpeting, updated cabinetry, modern kitchen appliances, and updated bathroom fixtures. Unit 4 is FULLY renovated.