6721 24th Avenue Northwest
6721 24th Avenue Northwest
Seattle, WA 98117
$1,360,000
Last Sold Price
5
Beds
4
Baths
2,627 Sq. Ft.
$518 / Sq. Ft.
2,627
Sq. Ft.
$518
per Sq. Ft.
Sold 4/18/24
Sold 4/18/24
Listing provided courtesy of COMPASS, Heaton Dainard, LLC
Description
Investor's Dream in the Heart of Ballard! This attractively priced 4-plex, centrally located in vibrant Ballard, offers significant equity & cash flow potential through strategic remodels. W/ trendy boutiques & eateries nearby, its unbeatable walkability is a major plus. Remodel for increased desirability & rental rates, ensuring long-term equity growth. Don't miss out on the chance to own a lucrative property. Consists of one 2bed:1bath unit, & three, 1bed:1bath units. Each unit comes with 1 parking...Investor's Dream in the Heart of Ballard! This attractively priced 4-plex, centrally located in vibrant Ballard, offers significant equity & cash flow potential through strategic remodels. W/ trendy boutiques & eateries nearby, its unbeatable walkability is a major plus. Remodel for increased desirability & rental rates, ensuring long-term equity growth. Don't miss out on the chance to own a lucrative property. Consists of one 2bed:1bath unit, & three, 1bed:1bath units. Each unit comes with 1 parking spot and storage units within the basement. Exterior has recently been painted & Brick is in great condition, low maintenance for its new owner! Many services & amenities are within a 5 minute walk. Can't beat the convenience of Ballard!
Listing Agents
![Brian Le]()
brian.le@compass.comP: 206.887.1175
![Andy Lee]()
andy.lee@compass.comP: 253.720.2937
Property Details for 6721 24th Avenue Northwest
Community Name
Ballard
School DistrictSeattle
ViewTerritorial
Number of Assigned Spaces4
Total Covered Parking0
Entry Date03-04-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of COMPASS![]()
Sold By Heaton Dainard, LLC
Add your commute
LISTING UPDATED: 04/18/2024 04:05 PM
Property Details for 6721 24th Avenue Northwest
| Status | Sold |
|---|---|
| MLS # | 2199593 |
| Days on Market | 3 |
| Cumulative Days on Market | 3 |
| Taxes | $10,249 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1958 |
| Lot Size | 0.12 AC / 5,100 SF |
| County | King County |
Location
Listing Courtesy of COMPASS![]()
Sold By Heaton Dainard, LLC
Add your commute
Building Information for 6721 24th Avenue Northwest
Stories2Residences4Year Built1958Building Size-Lot Size0.12 AC / 5,100 SF
Payment Calculator
$8,276 per month
30 year fixed, 7.25% Interest
Principal and Interest
$7,422
Property Taxes
$854
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 6721 24th Avenue Northwest
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Deck, Patio
- Area: 705 - Ballard/Greenlake
- Block: 21
- Elementary School: Adams
- Middle Or Junior School: Whitman Mid
- High School: Ballard High
- Effective Year Built Source: Public Records
- Directions: Take exit 169 toward NE 50th St, Merge onto 7th Ave NE, Keep right to continue on N 50th St, Turn left onto N 65th St, Turn right onto 24th Ave NW
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 4.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Hardwood, Vinyl, Carpet
- Features: Hardwood, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Brick, Wood
- Roof: Flat
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: Seattle City Lights
- Sewer Company: Seattle Public Utilities
- Water Company: Seattle Public Utilities
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1988
- Photos Count: 20
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Number: 3-4
- Lot Size Source: Public Records
- Parcel Number Free Text: 2856101205
- Building Condition: Very Good
- Calculated Square Footage: 2627
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2627.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 2
- Vacancy Rate: 2
- Number Of Units Total: 4
- Units Below Grade: true
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 11549
- Gross Adjusted Income: 59180
- Gross Rent Multiplier: 23.97
- Gross Scheduled Income: $60,480
- Insurance Expense: $1,300
- Net Operating Income: $60,480
- Other Expenses: $0
- Total Monthly Income: 4750
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Rent Unit 1: $1,600.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Rent Unit 2: $900.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Rent Unit 3: $1,050.00
- Bedrooms Unit 3: 1
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Rent Unit 4: $1,200.00
- Bedrooms Unit 4: 1
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2627.0
- Leasable Area Units: Square Feet
Property History for 6721 24th Avenue Northwest
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6721 24th Avenue Northwest
Taxable ValueLand$1,045,500Additions$139,500Total$1,185,000
Tax Record2022$20,652 ($1,721 / month)
Home Facts
Total Finished SqFt2,628 SqFtAbove Ground SqFt2,628 SqFtStories2Lot Size5,100 SqFtStyleMulti-Family Dwelling (2-4)Year Built1958Year Renovated1988ZoningLR2 (M)CountyKINGAPN285610-1205
Schools near 6721 24th 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 |
|---|---|---|
Adams Elementary School PublicK to 5 | ||
Whitman 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.
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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 COMPASS
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.