Prime Ballard Triplex with Strong Rental Income & Value-Add Potential! Well-maintained income property featuring two spacious 2-bedroom, 1.75-bath units (approximately 1,430 SF each) and a lower-level studio (approximately 540 SF), generating $84,480 in annual rental income. Long-term tenants provide stable cash flow with upside through future rent adjustments. Utilities are included in rent, making this an attractive investment with consistent occupancy history. Ideally located near downtown Ballard, Golden Gardens, shopping, dining, parks, transit, and major commuter routes. Whether you're adding to your portfolio or seeking a long-term investment in one of Seattle's most desirable neighborhoods, this property offers immediate income, future upside, and excellent appreciation potential.
| MLS # | 2556712 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1977 |
| Days On Site | 116 |
| Listing Provided By | Kelly Right RE of Seattle LLC | Puneet Sachdeva |
| SQ Feet | 3,400 |
|---|---|
| Garage | 2 |
| Story(s) | 2 |
| Units | 3 |
| Acreage | 0.11 |
| Property | 12286 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98107 |
| Area | 705 Ballard | Greenlake |
| Community Name | Ballard |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Ballard) | |
Price: $1,195,000 low | high Med: $799,000 sqft: 3,400 low | high Med: 1,361 $ / sqft: $351 low | high Med: $587 On site: 116 low | high Med: 105 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98107 |
| Area | 705 Ballard | Greenlake |
| Community Name | Ballard |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Ballard) | |
Price: $1,195,000 low | high Med: $799,000 sqft: 3,400 low | high Med: 1,361 $ / sqft: $351 low | high Med: $587 On site: 116 low | high Med: 105 | |
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