6251 3rd Avenue NW, Seattle, WA 98107

About this property

WOW! IMPROVED PRICE! Don’t miss this opportunity to own a Ballard triplex with strong upside potential and multiple investment strategies. Live in one unit and rent the other two, or add this property to your investment portfolio. Existing rents were below market due to family occupancy in the two now-vacant units, creating exceptional value-add potential with projected rents of approximately $2,200–$2,400 per month per unit. Each unit features 2 bedrooms, 1 bath, a spacious living room, and dedicated dining space for comfortable everyday living. The lower unit has been refreshed with new carpet in the living room and bedroom, plus new flooring in the kitchen and bathroom. Additional amenities include off-street parking, onsite storage, and coin-operated laundry with storage space available for all units in the lower level. The front upper unit is occupied by a long-term tenant. The west-side upper unit and lower unit are vacant and available for viewing. Conveniently located near Woodland Park Zoo, Green Lake, shopping, nightlife, popular restaurants, coffee shops, and easy access to Hwy 99 and downtown Seattle. Explore the potential to continue operating as a triplex or investigate redevelopment opportunities to maximize the land value. Do not disturb tenant in occupied unit. Showings by appointment only; occupied unit available for viewing once under contract.