6700 24th Avenue NW, Seattle, WA 98117 (MLS # 2066486)
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Bayberry is a charming 11-unit apartment building with plans and permits to add an additional 11 units to the large parking lot. It is ideally located in the quiet stretch of north Ballard, within walking distance to all the amenities Ballard residents love. Bayberry features recent building improvements to the roof, windows, plumbing, and electrical systems, and 6 of the 11 existing units have been renovated, leaving 5 units for the new owner to renovate and raise rents to market rates. Once renovations and the new addition are complete, Bayberry will have 22 units generating an estimated $450,000 in gross income upon stabilization. Bayberry is a great value-add opportunity, with exceptional upside, in a forever Seattle neighborhood.
DAYS ON MARKET | 323 | LAST UPDATED | 1/25/2024 |
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TRACT | Ballard | YEAR BUILT | 1919 |
COMMUNITY | Ballard | COUNTY | King |
STATUS | Active | PROPERTY TYPE(S) | Multi Family |
School District | Seattle |
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PRICE HISTORY | |
Prior to Jan 25, '24 | $3,250,000 |
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Jan 25, '24 - Today | $2,950,000 |
ADDITIONAL DETAILS | |
AIR | None |
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AREA | 705 - Ballard/Greenlake |
BUYER'S BROKERAGE COMPENSATION | 2.5 |
CONSTRUCTION | Vinyl Siding |
HEAT | Baseboard, Electric |
INTERIOR | Wall to Wall Carpet |
LOT | 7649 sq ft |
LOT DESCRIPTION | Corner Lot, Paved, Sidewalk |
LOT DIMENSIONS | 7650 |
STORIES | 3 |
SUBDIVISION | Ballard |
TAXES | 20801 |
UTILITIES | Sewer Connected |
VIEW | Yes |
VIEW DESCRIPTION | City, Territorial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 3/28/24 3:04 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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