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.
Active
Listed by:
Max Frame,
Kidder Mathews
$3,600,000
2223 NW 59th Street, Seattle, WA 98107
3beds
2baths
9,236sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$3,410,900 Zestimate®
$390/sqft
$-- HOA
What's special
Efficient well-designed floorplans
- 16 days |
- 154 |
- 5 |
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