5920 24th Avenue NW, Seattle, WA 98107
- $2,750,000
- 7,120
- SqFt
Listing courtesy of L. Dankers Real Estate Group.
- List Price
- $2,750,000
- Status
- ACTIVE
- MLS#
- 2561260
- Days on Market
- 0
- Style
- 56 - 10+ Units
- Finished SqFt
- 7,120
- Area Total SqFt
- 7120
- Annual Tax Ammount
- 22728
- Lot Size (sq ft)
- 6,800
- Sewer
- Sewer Connected
Property Description
The Viking apartment is a well located multi-family apartment building situated in the heart of Ballard. The Viking offers investors the opportunity to acquire a fully leased property with an in-place income stream, strong renovation upside and long-term rental growth. The Viking is a 10-unit multi-family property built in 1965. The building features 9 one bedroom, one bath units and one 2 bedrrom, 1 bath unit. Laundry room with storage lockers on the first floor. 3 carports and 3 off street parking spaces.
Additional Information
- List Date
- 2026-07-29 23:13:12
- Community
- Ballard
- Net Operating Income
- $146,120
- Gross Adjusted Income
- $203,933
- Gross Scheduled Income
- $210,240
- Total Monthly Income
- $17,520
- Insurance Expenses
- $13,627
- Water/Sewer/Garbage Expenses
- $21,458
- Gross Rent Multiplier
- 13
- Total Expenses
- $57,813
- Cap Rate
- 5.3
- Vacancy Rate
- 3
- Total Number of Units
- 10
- Unit Name
- 5920
- Potential Terms
- Cash, Conventional
- Year Built
- 1965
- View
- Territorial
- Roof
- Flat
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $17,520
- Gross Scheduled Income
- $210,240
- Vacancy Rate
- 3
- Gross Adjusted Income
- $203,933
- Tax Year
- 2025
- Insurance Expense
- $13,627
- W/S/G Expenses
- $21,458
- Total Expenses
- $57,813
- Net Operating Income
- $146,120
- Gross Rent Multiplier
- 13
- Cap Rate
- 5.3
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.