6050 6th Avenue Northwest

Seattle, WA 98107

$1,500,000
Last Sold Price
8
Beds
6
Baths
4,950 Sq. Ft.
$303 / Sq. Ft.
4,950
Sq. Ft.
$303
per Sq. Ft.

Description

Listed well Below Tax Assessed Value. Great opportunity for solid apartment building in the 'hot' Ballard Market. Highly sought after neighborhood on bus line, close to restaurants, coffee shops & shopping with Woodland Park Zoo & Greenlake nearby. The 6 Unit Building includes 4-1bdrm/1bth & 2-2bdrm/1bth, Coin op laundry, storage & extra utility room. One unit is vacant & gives immediate opportunity for increased rent. Tenants month to month. Very Walkable/Bikeable Walkscores. A solid investmentListed well Below Tax Assessed Value. Great opportunity for solid apartment building in the 'hot' Ballard Market. Highly sought after neighborhood on bus line, close to restaurants, coffee shops & shopping with Woodland Park Zoo & Greenlake nearby. The 6 Unit Building includes 4-1bdrm/1bth & 2-2bdrm/1bth, Coin op laundry, storage & extra utility room. One unit is vacant & gives immediate opportunity for increased rent. Tenants month to month. Very Walkable/Bikeable Walkscores. A solid investment
  1. Listed by Natalia von Somoff • Skyline Properties, Inc.

Property Details for 6050 6th Avenue Northwest

Community Name
Ballard
School District
Seattle
Number of Assigned Spaces
1
Total Covered Parking
0
Entry Date
05-21-2020
Sewer
Sewer Connected

Location

Listing Courtesy of Skyline Properties, Inc.

Sold By Westlake Associates, Inc.

Add your commute
LISTING UPDATED: 03/28/2021 01:00 AM

Property Details for 6050 6th Avenue Northwest

StatusSold
MLS #1600169
Days on Market117
Cumulative Days on Market117
Taxes$11,327 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.11 AC / 5,000 SF
CountyKing County

Location

Listing Courtesy of Skyline Properties, Inc.

Sold By Westlake Associates, Inc.

Add your commute

Virtual Tour

Building Information for 6050 6th Avenue Northwest

Stories2Residences6Year Built1957Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$9,130 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$944

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6050 6th Avenue Northwest

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV
  • Area: 705 - Ballard/Greenlake
  • Effective Year Built Source: Public Records
  • Directions: Easy to find at the corner of 6th Ave NW & NW 62nd St in Ballard. Easy access from 8th Ave NW, 3rd Ave NW, or NW 65th St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2019
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Amenities: Coin Op Laundry,Storage
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Flat
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 6762
  • Power Production Type: Electric
  • Utilities: Cable Connected, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1988
  • Photos Count: 39
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 2769600695
  • Calculated Square Footage: 4950
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4950.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 1
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $614
  • Total Expenses: 22406
  • Gross Adjusted Income: 87610
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: $87,610
  • Insurance Expense: $3,703
  • Net Operating Income: $65,204
  • Other Expenses: $0
  • Total Monthly Income: 7250
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 5
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Rent Unit 1: $1,025.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Rent Unit 2: $1,485.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 2
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Rent Unit 3: $1,300.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 3
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Rent Unit 4: $1,025.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 4
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Rent Unit 5: $1,300.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Rent Unit 6: $1,115.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4066.0
  • Leasable Area Units: Square Feet

Property History for 6050 6th Avenue Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6050 6th Avenue Northwest

Taxable ValueLand$475,000Additions$1,101,000Total$1,576,000
Tax Record2022$13,603 ($1,134 / month)
Home Facts
Total Finished SqFt4,068 SqFtAbove Ground SqFt4,068 SqFtStories2Lot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1957Year Renovated1988ZoningNR3CountyKINGAPN276960-0695

Schools near 6050 6th Avenue Northwest

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
West Woodland Elementary School
PublicK to 5

Hamilton International Middle School
Public6 to 8

Ballard High School
Public9 to 12

Salmon Bay School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Skyline Properties, Inc.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.