58-unit apartment building in the works close to Swedish

Another apartment building is going in near Swedish Hospital in Ballard, planned for 1544 NW 52nd St.

According to the Seattle DJC, Isola Homes is planning a 7-story, 58-unit apartment building on the site, which it already owns. No parking is proposed.

The existing house, built in 1906, is on a somewhat narrow lot but is already surrounded by apartment buildings. The 4-bedroom, 5-bathroom house sold for $1.9 million last October.


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broham
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broham

I wonder if they’ll have off street parking?

Freja
Member
Freja

It always makes me sad to see these cute older homes torn down.

Egon
Member
Egon

It’s always a bummer to see the neighborhood’s unique older houses replaced by the inevitable “box of apartments” but I like to think that some older homeowner might have just walked away with $1.9M that they can use to retire in comfort somewhere cheaper. [I know it was probably some faceless investment company that *actually* owned the house but a guy can dream…]

El Grunion
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El Grunion

i rented an apartment here about 11 years ago – when i was there it was just a “regular ol’ guy” that owned it. can’t say for sure if he’s the one that sold or if sold to someone else years back after i moved out….

Freja
Member
Freja

I like the thought of a retiree or regular old guy making a mint of selling so I’ll hold that thought.

broham
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broham

The guy that just sold it bought it in 1999 for 300K.

VeganBiker
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VeganBiker

Yes – Very lucky guy! Looks like it was a 5 unit building and owned by a landlord that owned other buildings so, no big deal. Same old, same old.

VeganBiker
Member
VeganBiker

So for those of you worried about parking in these new buildings, check out what is happening in the Bronx:
https://www.bronxcommons.org/
One building with 305 apartments and 36 on-site parking spaces.