L Zoned Duplex in Seattle

Here is another off-market property for sale in Seattle!

This one is located near 24th Ave NW and NW 61st Street in the hot, hot Seattle neighborhood of Ballard. It is an L1-zoned duplex property on a 3400 sf lot. The house was originally built in 1908 and has approximately 2440sf of finished living space. It has two one-bedroom units and a one-car driveway.

The property is in excellent condition. The roof and skylights are two years old. The house was fully repainted last summer. There are no tenants. The owner lives in the house currently as a single family home.

The minimum terms the Seller would require for selling the property are:

· All Cash

· No seller’s commission

· 15 day close

· 90 days after closing to vacate the property with an option to extend (monthly rent negotiable)

· Sales price of $625,000

If you are interested in getting more details about this property, please send me a private email at HomeLandInvestment@gmail.com



Happy Investing!

Ballard Multifamily Tour

Approximately 15 people showed up today to tour several small income properties in and around Ballard; and to learn more about how to value multifamily real estate.

We were able to tour three properties, two in Ballard and one in Green Lake. There was one bank-owned duplex, two short-sale multifamily properties, and one or two properties with possible seller financing.

I would love to blog more about the specific properties we saw; unfortunately, most of the sellers elected to prohibit blogging, so I can't.

If you are interested in getting a list of small multifamily properties currently listed for sale in great neighborhoods in Seattle, like Ballard, Wallingford, Fremont and Green Lake, please contact me directly at HomeLandInvestment@gmail.com or at 206-355-1706. Or search on my website for Seattle properties that match your buying criteria at http://homelandseattle.com/listingssearch.asp.

Multifamily Income Properties in Seattle

Wendy Ceccherelli | (888) 621-4999 419 NE 43rd St, Seattle, WA Just one of the 32 multifamily residences listed in the Ballard/Green Lake/Wallingford neighborhoods of Seattle! 4BR/3BA Multi-Family, 2 units offered at $469,950 Year Built 1953 Sq Footage 3,180 Bedrooms 4 Bathrooms 3 full, 0 partial Floors Unspecified Parking None Lot Size 5,227 sqft HOA/Maint $0 per month DESCRIPTION FREE Tour of Multifamily Properties in North Seattle this Sunday! 1-3pm. www.SundayBargainTour.com Here is one of the 32 multifamily properties currently listed in the desirable neighborhoods of Ballard/Green Lake/Phinney Ridge/Fremont and Wallingford: SOLID Duplex in good area. Hardwood floors, nice backyard, lots of storage. Very close to John Stanford Elementary School. Brick exterior, newer roof, gas heat. Close to UW and Downtown. Advertised courtesy of Coldwell Banker Bain and Home Land Seattle. see additional photos below ADDITIONAL PHOTOS Photo 1 Contact info: Wendy Ceccherelli (888) 621-4999 For sale by agent/broker Equal Opportunity Housing Posted: Oct 4, 2011, 3:25pm PDT

Multifamily Properties in Ballard

There are 32 multifamily properties in the hot 705 NWMLS area of Seattle that includes neighborhoods such as Ballard, Wallingford, Green Lake, Fremont and Phinney Ridge. They range in size from 2 units (duplex) to 9 units; and in price from a $280,000 duplex to a $2,700,000 newly-constructed 6-plex.

The smallest building is about 1100sf, and the largest, a 7-unit, at 8742sf (for $990,000, in case you are interested).

A couple of these units are new on the market today, but one of them has been on the market for THREE YEARS (at the same unchanged price from three years ago). This is a 9-plex condo conversion, with apparently bad market timing....

I will be leading a FREE tour of several of these properties this Sunday, from 1-3pm. We will discuss how to analyze value on multifamily properties, and we will visit as many as we can. Tour participants drive their own cars and may drive by any properties that are of interest.

Detailed lists with photos and analysis, maps and driving directions will be distributed at the first property. No reservations are necessary. Just meet the tour at 1 pm sharp at 927 NW 57th St. This is a bank-owned duplex built in 1905 in a great Ballard location.