$3,600,000

2223 NW 59th Street, Seattle, WA 98107

Multi-Family Home
Built in 1964
10,001sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

This listing courtesy of Max Frame, Kidder Mathews

Twin Courts presents a rare multifamily investment in the heart of Ballard, offering two contiguous parcels that create unique long-term exit strategies. The property has undergone substantial capital improvements, including updated electrical panels throughout and one roof being replaced in 2020 and the other in 2016. With 5 of 14 units already renovated, investors can continue the proven value-add program to unlock up to 28% rental growth potential. Efficient, well-designed floorplans drive strong tenant demand, while its highly walkable location ensures long-term desirability. With strong in-place rents, upside through remaining renovations, and flexible ownership options, Twin Courts stands out as a compelling Ballard opportunity.

Listing Status:: Active
Listing Office:: Kidder Mathews : 360-705-2800
Listing Agent:: Max Frame : 360-705-2800
MLS ID:: 2438077

Flooring: Laminate
A/C: None
Heating: Baseboard
Fireplace: Fireplaces: 0

General: BrickStucco
Parking: Parking spaces: 16

Roofing: Flat
General: 56 - 10+ UnitsPoured Concrete

HOA Amenities: 0.0
Originating MLS: nwmls
School District: Seattle
County: King

Zoning: 2767604120
View: CityView

Sewer: Sewer Connected

Source: nwmls

This listing courtesy of Max Frame, Kidder Mathews

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Adams Elementary School

6110 28th Ave NW, Seattle, WA, 98107

Grades KG-5

0.32 miles away

Salmon Bay K-8 School

1810 NW 65th St, Seattle, WA, 98117

Grades KG-8

0.43 miles away

Ballard High School

1418 NW 65th St, Seattle, WA, 98117

Grades 9-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.