Ballard 4 Plex

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Ballard 4 Plex

STATISTICS

Units: 4
Price: 695,000

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PROPERTY DESCRIPTION

The 6013 8th Ave NW four-plex is a centrally located in-city apartment building that has three 2 bed / 1 bath units and one 1 bed / 1 bath unit. All units have fireplaces, and the top two units have hardwood floors. Additionally all three of the 2 bed units have dishwashers and there is common coin operated laundry in the basement that can be accessed from all units by an interior stairway. The building was built in 1964 as a four-plex and features three separate garage parking spaces as well as several other off street parking places. The building is centrally located and is a short distance from many of the attractions that make Seattle living popular with renters including downtown Ballard, Phinney Ridge, Fremont, and Greenlake. The units are well cared for and have long term tenants. Rents are currently undermarket and with the forecasted improvements of the Seattle rental market rents and cash flows are sure to increase.

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