2039 Northwest 61st Street
Seattle, WA 98107
$1,080,000
Price
6
Beds
4
Baths
2,930 Sq. Ft.
$369 / Sq. Ft.
2,930
Sq. Ft.
$369
per Sq. Ft.
Listing provided courtesy of eXp Realty
Description
Location! Location! Location! This triplex is right in the heart of charming Ballard. No wonder it's 100% rented. Just blocks from restaurants, shopping, parks, the library and more. Three bedroom unit has been rented for 14 years and is month to month. Two bedroom has been rented for 6 years, has new windows and lease ends August 2025. One bedroom, was renovated and just rented. This asset has below-market rents which can mean significant revenue growth for you. Please do not disturb tenants.Location! Location! Location! This triplex is right in the heart of charming Ballard. No wonder it's 100% rented. Just blocks from restaurants, shopping, parks, the library and more. Three bedroom unit has been rented for 14 years and is month to month. Two bedroom has been rented for 6 years, has new windows and lease ends August 2025. One bedroom, was renovated and just rented. This asset has below-market rents which can mean significant revenue growth for you. Please do not disturb tenants.
- Listed by Christine Andreasen • eXp Realty
- Listed by Travis Foxx • eXp Realty
Property Details for 2039 Northwest 61st Street
Community Name
Ballard
School DistrictSeattle
ViewTerritorial
Number of Assigned Spaces4
Total Covered Parking2
Offers Review Date12-20-2024
Entry Date12-13-2024
Energy SourceElectric
LISTING UPDATED: 12/16/2024 10:26 AM
Property Details for 2039 Northwest 61st Street
| Status | Active |
|---|---|
| MLS # | 2315510 |
| Days on Market | 5 |
| Cumulative Days on Market | 5 |
| Taxes | $11,554 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1964 |
| Lot Size | 0.11 AC / 5,000 SF |
| County | King County |
Building Information for 2039 Northwest 61st Street
Stories2Residences3Year Built1964Building Size-Lot Size0.11 AC / 5,000 SF
Property Information for 2039 Northwest 61st Street
Summary
Location and General Information
- Style: 53 - Tri-plex
- Site Features: Fenced-Fully
- Area: 705 - Ballard/Greenlake
- Block: 28
- Directions: GPS
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 2.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Amenities: Basement
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Wood Products
- Roof: Composition
- Security Features: PartiallyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 4843
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: Realist
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 13
Lot Information
- Lot Number: 4
- Lot Size Source: Realist
- Parcel Number Free Text: 276760-3000
- Building Condition: Average
- Calculated Square Footage: 2930
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2930.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 2
- Number of Stories in Building: 2
- Vacancy Rate: 5
- Number Of Units Total: 3
- Units Below Grade: true
- Units In Building Total: 3
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 20339
- Gross Adjusted Income: 61503
- Gross Rent Multiplier: 16.68
- Gross Scheduled Income: $64,740
- Insurance Expense: $3,151
- Net Operating Income: $44,401
- Other Expenses: $791
- Total Monthly Income: 5695
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1400
- Rent Unit 1: $2,150.00
- Bedrooms Unit 1: 3
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 2150
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1000
- Rent Unit 2: $2,150.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 800
- Rent Unit 3: $1,395.00
- Bedrooms Unit 3: 1
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3200.0
- Leasable Area Units: Square Feet
Property History for 2039 Northwest 61st Street
| 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 2039 Northwest 61st Street
Taxable ValueLand$865,000Additions$436,000Total$1,301,000
Tax Record2022$11,179 ($932 / month)
Home Facts
Baths4Total Finished SqFt4,030 SqFtAbove Ground SqFt2,930 SqFtFinished Basement SqFt1,100 SqFtStories1Lot Size5,000 SqFtStyleTriplexYear Built1964ZoningLR1 (M)CountyKINGAPN276760-3000Fireplace TypeHas Fireplace
Schools near 2039 Northwest 61st Street
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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of eXp Realty
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.
