Provided by NWMLS, Listed by Lee & Associates Commercial RE

Active

5121 17th Avenue NW

Seattle WA, 98107

$4,995,000


$361.96 per sqft

Active

13,800 sqft

Multi-family

Built in 1964

Sunset House is a 21-unit apartment building which exemplifies pride of ownership. Prime Ballard location, walking distance to the Historic Ballard Avenue. Built in 1964, this building is being offered to the market now for the first time since it was built. Immaculate, well-maintained building with PEX & Copper plumbing, vinyl windows, re-mortared exterior bricks, and LVT floorings in most units. Stable rent income with an opportunity to realize a 36.4% lift in revenue from current below-market rents through strategic turnovers and renovation.

2287605

MLS ID

September 10, 2024

Listed

November 22, 2024

Updated

Map

5121 17th Avenue NW
Seattle WA, 98107

Interior Features

Total Stories

5


Interior Features

Wall to Wall Carpet


Floor Description

Other, Vinyl, Vinyl Plank, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.19 Acres


Exterior Features

Brick, Cement/Concrete


Lot Features

Curbs, Paved, Sidewalk


Roof

Flat, Torch Down


Sewer

Sewer Connected

School Information

School District

Seattle

Other Property Details

Area Name

705 - Ballard/Greenlake


Taxes

$50,003


Tax Frequency

Annually


Garage

No


Parking Total

17


View

Yes


View Description

Bay, Territorial


County

King


Water Source

Public


Pool

No

Listing History

Date

Event

Price

10/30/2024

Price change

$4,995,000

-8%

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 12/4/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed 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. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 12/4/2024 at 6:00 AM UTC . 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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Data last updated on 12/4/2024 at 6:00 AM UTC 

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