Provided by NWMLS, Listed by Kidder Mathews

Active

6700 24th Avenue NW

Seattle WA, 98117

$2,950,000


$524.44 per sqft

Active

5,625 sqft

Multi-family

Built in 1919

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.

2066486

MLS ID

May 10, 2023

Listed

March 21, 2024

Updated

Map

6700 24th Avenue NW
Seattle WA, 98117

Interior Features

Total Stories

3


Interior Features

Wall to Wall Carpet


Floor Description

Vinyl Plank, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.18 Acres


Exterior Features

Metal/Vinyl


Lot Features

Corner Lot, Paved, Sidewalk


Roof

Torch Down


Sewer

Sewer Connected

School Information

School District

Seattle

Other Property Details

Area Name

705 - Ballard/Greenlake


Taxes

$20,801


Tax Frequency

Annually


Garage

No


Parking Total

5


View

Yes


View Description

City, Territorial


County

King


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

1/25/2024

Price Change

$2,950,000

-10%

1/25/2024

Active

The IDX display contains information sourced from the Northwest Multiple Listing Service as of 4/18/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northwest Multiple Listing Service all rights reserved.

Data last updated on 4/18/2024 at 3:00 AM UTC 

Powered byLuxury Presence