= Required Field.

Already a Member?

Email Address:

Password:

Re-Enter Password:

First Name:

Last Name:

Country:

Zip/Postal Code:

Ext.

Day Phone:

Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers.

No Thanks.

By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions.

We will NOT share your email address.
View Our Privacy Policy.

Welcome to LoopNet! Check out the listing below or search over 725,000 other listings.

Select a Property Type

You may enter a US or Canadian location in the following formats:

Zip Code
City, State
State

For additional search options, go to Advanced Search Advanced Search Advanced Search.

e.g. Los Angeles, CA or 91016

Advanced Search

Browse More Listings in Multifamily For Sale, Seattle, WA or Washington

Multifamily Property For Sale

Ballard Triplex

352 NW 53rd St., Seattle, WA 98107

Price:
$725,000
No. Units:
3
Building Size:
3,690 SF
Price/Unit:
$241,666.67
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
4.98%
Gross Rent Multiplier:
16
Occupancy:
100%
No. Stories:
3
Year Built:
1983
Lot Size:
5,000 SF
Find Out More...

Last Verified 11/2/2009 Listing ID 16412187

Description

Extremely well-maintained triplex in popular Ballard. Very little turn over. Great views. Tenants share low-maintenance secluded backyard/patio. Two large 2 Bd/2 Bth with garage, master bedroom w/ bath, big walk-in closet, W/D, fireplace, deck, dishwasher, microwave and dining area. 1 Bd/1 Bth unit has a new full size W/D, dishwasher, dining area, private entrance & off-street parking. Easy to manage building & long-term tenants with below market rents equal an excellent value added opportunity.

From 8th Ave NW; Turn East on NW 53rd St.; Property on left side of street

Financial Summary

Unit Mix Information

Actual
Year
2009
Scheduled Gross Income
$45,180
Effective Gross Income
$44,728
Operating Expenses
$9,084
Net Operating Income
$35,644

Description	No. Units	Avg. Mo. Rent	Sq. Ft.
1 Bd/1 Bth	1	$840	750
2 Bd/2 Bth	2	$1,463	1,100

Map of 352 NW 53rd St., Seattle, WA 98107 (King County)

Hide Map

Contact Listing Broker to find out more details.

Request additional information

Contact Listing Broker

Track changes to this property: Watch This Property
Share this listing: Send to Friend; Link to This Listing

Link
Copy the link above and share via email or IM.; Embed This on Your Web Site; Share on Facebook; Share on LinkedIn; Share on Twitter
Additional Options: Print Listing; View Map; Demographics; Research Price; Get Financing

Created 9/28/2009

Additional Information for 352 Nw 53rd Street, Seattle, WA 98107

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 352 NW 53rd St., Seattle, WA 98107

Nearby Multifamily properties for saleSearch all commercial real estate for sale

Fremont Fourplex
$595,000
4 Units
Ballard 4-Plex
$749,000
4 Units
Ballard Triplex
$695,000
3 Units

Nearby Recently Sold Multifamily propertiesSearch all recently sold commercial real estate

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Embed this Listing on Your Website

Multifamily Property For Sale - Ballard Triplex

352 NW 53rd St., Seattle, WA, 98107