Well-maintained building consisting of 5 spacious two bdrms. Each unit features a generous 840 sf layout, DW, spacious closets, pantry & private balcony. Well-located, within walking distance to Old Town Ballard. 5 parking spots, 3 covered. Private backyard and patio area are secured by gated entrance. Rents are currently 21% below market. There are multiple value-add possibilities, including enclosing the carports for increased parking income and converting of common area laundry which is approximately 500 sf into a 6th unit (buyer to verify). Sellers are willing to provide interest-only financing to qualified buyers. interest only payment with min 25% down.