6700 24th Avenue NW, Seattle, WA 98117 (MLS # 2066486)

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Listing provided courtesy of Northwest MLS; Kidder Mathews

PRICE $2,950,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 5,625 sqft
LOT SIZE 7,650 sqft

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
TRACT Ballard YEAR BUILT 1919
COMMUNITY Ballard COUNTY King
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Seattle

PRICE HISTORY
Prior to Jan 25, '24 $3,250,000
Jan 25, '24 - Today $2,950,000


ADDITIONAL DETAILS
AIR None
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
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TOTAL MONTHLY PAYMENT

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Properties with the Logo icon are courtesy of Northwest MLS.

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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