Sold

Listed by: Lee & Associates Commercial RE

Bought with: Skyline Properties, Inc.

$1,875,000

1541 NW 52nd Street, Seattle, WA 98107

--beds

--baths

--sqft

Multi Family

Built in 1976

-- sqft lot

$1,407,400 Zestimate^®

$--/sqft

$3,021 Estimated rent

Home value

$1,407,400

$1.22M - $1.59M

$3,021/mo

Zestimate^® history

Owner options

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$3,021/mo

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$3,021/mo

Rent Zestimate^®

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$11,445/mo

Est. payment

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$11,445/mo

Est. payment

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What's special

Private balconyPrivate backyardPatio areaSpacious closetsCommon area laundry

Well-maintained building consisting of 5 spacious two bdrms. Each unit features a generous 840 sf layout, DW, spacious closets, pantry & private balcony. Well-located, within walking distance to Old Town Ballard. 5 parking spots, 3 covered. Private backyard and patio area are secured by gated entrance. Rents are currently 21% below market. There are multiple value-add possibilities, including enclosing the carports for increased parking income and converting of common area laundry which is approximately 500 sf into a 6th unit (buyer to verify). Sellers are willing to provide interest-only financing to qualified buyers. interest only payment with min 25% down.

Facts & features

Interior

Heating

Baseboard, Electric

Cooling

None

Features

Flooring: Laminate, Vinyl Plank
Windows: Thermal Windows
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 5
Parking features: Open
Carport spaces: 3
Uncovered spaces: 2

Features

Patio & porch: Laminate Hardwood
Has view: Yes
View description: Territorial

Lot

Size: 5,000 sqft
Dimensions: 5000
Features: Paved, Sidewalk, High Speed Internet, Patio

Details

Parcel number: 2767701595
Zoning description: Jurisdiction: County
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Cement/Concrete
Foundation: Poured Concrete
Roof: Flat,Torch Down

Condition

Year built: 1976
Major remodel year: 2001

Utilities & green energy

Electric: Company: Seattle City Light
Sewer: Sewer Connected, Company: Seattle Public Utilities
Water: Company: Seattle Public Utilities

Green energy

Energy efficient items: Thermal Windows

Community & neighborhood

Location

Region: Seattle
Subdivision: Ballard

Other

Other facts

Listing terms: Conventional
Cumulative days on market: 974 days

Price history

Date	Event	Price
12/22/2023	Sold	$1,875,000-1.1%
Source: NWMLS as distributed by MLS GRID #2143435 Report a problem
12/20/2023	Pending sale	$1,895,000
Source: NWMLS as distributed by MLS GRID #2143435 Report a problem
7/25/2023	Listed for sale	$1,895,000-5.3%
Source: NWMLS as distributed by MLS GRID #NWM2143435 Report a problem
4/15/2019	Listing removed	$2,000,000
Source: Whitecap Real Estate #1344459 Report a problem
8/21/2018	Listed for sale	$2,000,000+210.1%
Source: Whitecap Real Estate #1344459 Report a problem
1/16/2018	Listing removed	$1,850
Source: Pacific Crest Real Estate, LLC Report a problem
1/12/2018	Listed for rent	$1,850
Source: Pacific Crest Real Estate, LLC Report a problem
8/18/2004	Sold	$645,000
Source: NWMLS as distributed by MLS GRID #24082966 Report a problem