$3,200,000

801 NW 54th Street, Seattle, WA 98107

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon8,799sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

This listing courtesy of Erich Bubbel, COMPASS

Gilman Park Plaza - Current Cap of 5.87% with in place rent. 16 units in the prime Ballard neighborhood consists of 15 1Bed/1Ba units and one 2Bed/1Ba. 7 off street parking spaces, extra onsite storage stalls for extra income. Upgrades to the property in the last two years include a new TPO roof was installed in 2024, updated sewer lines along with exterior paint. Located close to mass transit and a walk score of 86/100 making this an ideal investment for future growth in one of the most bustling and vibrant neighborhoods in Seattle.

Listing Status:
Active
Listing Office:
COMPASS : 425-637-7777
Listing Agent:
Erich Bubbel : 425-637-7777
MLS ID:
2445525
  • Flooring: LaminateVinyl Plank
  • A/C: None
  • Heating: Forced Air
  • Fireplace: Fireplaces: 0
  • General: BrickMetal/VinylSee Remarks
  • Parking: Parking spaces: 7
  • Roofing: Flat
  • General: 56 - 10+ UnitsSee Remarks
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Seattle
  • County: King
  • Zoning: 1225039002
  • Water: Public
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Erich Bubbel, COMPASS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

West Woodland Elementary School

5601 4th Ave NW, Seattle, WA, 98107

Grades KG-5

0.27 miles away

S

Salmon Bay K-8 School

1810 NW 65th St, Seattle, WA, 98117

Grades KG-8

0.90 miles away

B

Ballard High School

1418 NW 65th St, Seattle, WA, 98117

Grades 9-12

0.74 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.

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