7329 15th Avenue NW Seattle, WA 98107
7329 15th Avenue NW
Seattle, WA 98107
$1,475,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
The Ballard Seven is a 7-unit apartment complex located just blocks from Ballard High School. The property unit mix consists of (1) Studio, (3) 1 bedroom/1bath and (3) 2 bedroom/1bath apartments. One 2 bedroom apartment is 1,100 sf and features a large rooftop terrace. The apartment interiors have been diligently maintained by the current ownership, which includes recent plumbing and electrical upgrades. This offering presents an investor with a cash-flow positive investment on day 1 with a simple value add path to an above market cash on cash return. The property has historically low vacancy and the current rents are within 10% of market rates which offers an attractive risk profile for an investor.
Property Features
Community: Loyal Heights
5-9 Units
View: Territorial
Deck
Fenced-Partially
Exterior: Brick
Exterior: Wood
Roof: Composition
Year Built: 1912
2026 Taxes: $13467.00
Buyer Broker Comp.: 2.5%
Listing #: 2493653
Lot Details
Lot Size: 0.10 acres
Curbs
Paved
No. of Units: 7
Interior
Cooling: None
Heating: Radiator, Wall Furnace
Electric
Common Features
Coin Op Laundry
Call or Email:
Grace Wamwere
What's Near 7329 15th Avenue NW Seattle, WA 98107?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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Courtesy of Westlake Associates, Inc.
