1433 NW 64th ST, Seattle, WA 98107
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1433 NW 64th ST, Seattle, WA 98107
1433 NW 64th ST, Seattle, WA 98107
1433 NW 64th ST, Seattle, WA 98107
1433 NW 64th ST, Seattle, WA 98107

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Mick Hanson

Mick Hanson

Engel & Völkers Mercer Island

+1(206) 571-3040
Listed by:Westlake Associates, Inc. • Curran C. Hagstrom
$ 10,500,000
Est. payment /mo
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Pending

1433 NW 64th ST Seattle, WA 98107

56 Beds

56 Baths

44,957 SqFt


UPDATED:

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


Northwest MLS (NWMLS)

NEARBY SCHOOLS & PROPERTIES

Mick Hanson

Mick Hanson

Real Estate Advisor | License ID: 106643

+1(206) 571-3040

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1433 NW 64th ST