2232 NW 58th Street, Seattle, WA 98107

5.61% In-Place Cap Rate | The Ballard Commons 5 was built in 1979 and features five large 925-square-foot, 2-bedroom, 2-bathroom apartments, each with a master bedroom and en-suite bathroom. Amenities include a shared coin-operated laundry room, 4 covered carport parking stalls, private balconies, and wood-burning fireplaces for all units. Apartments are heated by either electric baseboard or forced-air wall heaters, and the plumbing is copper. Ownership has made ongoing interior improvements, with units 2,4, and 5 featuring luxury vinyl plank flooring or new carpeting, updated cabinetry, modern kitchen appliances, and updated bathroom fixtures. Unit 4 is the owner's unit and is fully renovated.