1503 NW 59th st - 206 MFTE, Seattle, WA 98107
1503 NW 59th st - 206 MFTE, Seattle, WA 98107
Modern Studio Living in Ballard—Community, Comfort, and Convenience Await! Income-Restricted MFTE
Schedule a Tour! Call (206) 495-4644 or email karsti@guidepm.com
Video Tour: https://youtu.be/eXMpjhQTPlQ?si=YJh9o45LCcP32aw4
Apartment 206:
Discover your ideal urban retreat in this charming studio apartment, featuring expansive windows that flood the space with natural light. Enjoy the elegant finishes that elevate your living experience, combining style and comfort. As a Multifamily Tax Exemption (MFTE) home, you’ll benefit from affordability without compromising on quality. Embrace modern city living in a bright, inviting space that feels like home. Schedule your tour today!
Concession:
The advertised rent price of $975.00 reflects a rent concession of roughly 6 weeks rent-free amortized over a 12-month lease. The actual rent price is $1,115.00 with a monthly discount. The full concession amount will be applied at the start of the lease agreement. Please inquire with our leasing team for more information.
Community:
KARSTI APARTMENTS IS A COLIVING COMMUNITY IN BALLARD OFFERING PRIVATE STUDIO APARTMENTS COMBINED WITH NUMEROUS SHARED SPACES DESIGNED TO FOSTER FUN + FRIENDSHIP.
SHARED SPACES AND AMENITIES
With over 3,000 sf of common living space, Karsti was specifically designed to foster community without compromising privacy. Each floor has a huge, pre-stocked chef’s kitchen with stainless appliances, quartz counters, seating, and laundry. The main floor boasts a generous lounge and kitchen for resident events and social gatherings.
STUDIO APARTMENTS
Your brand-new studio apartment is built with a contemporary design aesthetic and high-end materials. Enjoy quartz countertops, custom cabinetry, stainless appliances, and hardwood-style flooring. Top-floor homes include dramatic lofts with mountain views and custom-built artistic wood railings.
NEIGHBORHOOD AMENITIES
Karsti Apartments is conveniently located in Ballard near grocery stores, restaurants, and Target. Take a short walk to the brewery district or enjoy some of Seattle’s best nightlife and boutique shops in the heart of Old Ballard & Ballard Avenue mere blocks away.
Relax by the water with a 15-minute bus ride to Golden Gardens Park, an 8-minute drive to Green Lake, or a 20-minute walk to Ballard Locks Pard. The D Line express bus right out front will whisk you downtown in 20 minutes.
MFTE: You must make between $33,000k - $46,040 (40% AMI) of gross income (before taxes). We verify by collecting the following and then the city of Seattle verifies it with a special calculation:
- The past three months of paystubs
- If you do not have paystubs, we need whatever proof of income you are on (unemployment, SSI, disability, etc.)
- 3 months of bank statements (checking & savings)
- Statements with current values of retirement funds, money market accounts, and/or trusts
Laundry: Common area laundry
Parking: Street parking only
Storage: Storage locker available for $50–$100/month
Utilities: Flat rate of $145/month, plus $65 per additional person
Pet Policy:
- Cats and dogs welcome!
- Breed restrictions may apply
- Maximum of 2 pets
- $300 refundable pet deposit, plus $30/month pet rent
Lease Details:
- Deposit: $750
- Landlord liability insurance required: $15/month (if not provided)
- Credit reporting: $8/month
- Lease length: 12–18 months
Looking to apply?
Our online leasing process makes moving simple! Applications for this property can be found online at https://pnwapts.com/karsti/
Interested in our other properties? View vacancies from our full portfolio at https://www.guidepm.com/seattle-homes-for-rent
Cost: $55 application fee, $250 2-week holding deposit (applied to security deposit upon move-in)
Screening Criteria: Verified income of 3x monthly rent, a credit score of 700 or higher (or above 670 with verified income of 3.5x monthly rent), no open bankruptcies, no past landlord-tenant disputes with judgment in favor of the landlord, no evictions in the last 7 years.
(Applicants who do not meet these criteria may be accepted on a case-by-case basis with a qualifying Cosigner/Guarantor or an increased deposit.)
We do not accept Comprehensive Reusable Tenant Screening Reports as defined by and pursuant to RCW 59.18.
*Disclaimer: Advertised photos and videos may be of a similar unit in the building. Apartment features may vary. All applicants are encouraged to tour the property before lease signing to confirm unit details.
Equal Opportunity Housing
Video Tour: https://youtu.be/eXMpjhQTPlQ?si=YJh9o45LCcP32aw4
Apartment 206:
Discover your ideal urban retreat in this charming studio apartment, featuring expansive windows that flood the space with natural light. Enjoy the elegant finishes that elevate your living experience, combining style and comfort. As a Multifamily Tax Exemption (MFTE) home, you’ll benefit from affordability without compromising on quality. Embrace modern city living in a bright, inviting space that feels like home. Schedule your tour today!
Concession:
The advertised rent price of $975.00 reflects a rent concession of roughly 6 weeks rent-free amortized over a 12-month lease. The actual rent price is $1,115.00 with a monthly discount. The full concession amount will be applied at the start of the lease agreement. Please inquire with our leasing team for more information.
Community:
KARSTI APARTMENTS IS A COLIVING COMMUNITY IN BALLARD OFFERING PRIVATE STUDIO APARTMENTS COMBINED WITH NUMEROUS SHARED SPACES DESIGNED TO FOSTER FUN + FRIENDSHIP.
SHARED SPACES AND AMENITIES
With over 3,000 sf of common living space, Karsti was specifically designed to foster community without compromising privacy. Each floor has a huge, pre-stocked chef’s kitchen with stainless appliances, quartz counters, seating, and laundry. The main floor boasts a generous lounge and kitchen for resident events and social gatherings.
STUDIO APARTMENTS
Your brand-new studio apartment is built with a contemporary design aesthetic and high-end materials. Enjoy quartz countertops, custom cabinetry, stainless appliances, and hardwood-style flooring. Top-floor homes include dramatic lofts with mountain views and custom-built artistic wood railings.
NEIGHBORHOOD AMENITIES
Karsti Apartments is conveniently located in Ballard near grocery stores, restaurants, and Target. Take a short walk to the brewery district or enjoy some of Seattle’s best nightlife and boutique shops in the heart of Old Ballard & Ballard Avenue mere blocks away.
Relax by the water with a 15-minute bus ride to Golden Gardens Park, an 8-minute drive to Green Lake, or a 20-minute walk to Ballard Locks Pard. The D Line express bus right out front will whisk you downtown in 20 minutes.
MFTE: You must make between $33,000k - $46,040 (40% AMI) of gross income (before taxes). We verify by collecting the following and then the city of Seattle verifies it with a special calculation:
- The past three months of paystubs
- If you do not have paystubs, we need whatever proof of income you are on (unemployment, SSI, disability, etc.)
- 3 months of bank statements (checking & savings)
- Statements with current values of retirement funds, money market accounts, and/or trusts
Laundry: Common area laundry
Parking: Street parking only
Storage: Storage locker available for $50–$100/month
Utilities: Flat rate of $145/month, plus $65 per additional person
Pet Policy:
- Cats and dogs welcome!
- Breed restrictions may apply
- Maximum of 2 pets
- $300 refundable pet deposit, plus $30/month pet rent
Lease Details:
- Deposit: $750
- Landlord liability insurance required: $15/month (if not provided)
- Credit reporting: $8/month
- Lease length: 12–18 months
Looking to apply?
Our online leasing process makes moving simple! Applications for this property can be found online at https://pnwapts.com/karsti/
Interested in our other properties? View vacancies from our full portfolio at https://www.guidepm.com/seattle-homes-for-rent
Cost: $55 application fee, $250 2-week holding deposit (applied to security deposit upon move-in)
Screening Criteria: Verified income of 3x monthly rent, a credit score of 700 or higher (or above 670 with verified income of 3.5x monthly rent), no open bankruptcies, no past landlord-tenant disputes with judgment in favor of the landlord, no evictions in the last 7 years.
(Applicants who do not meet these criteria may be accepted on a case-by-case basis with a qualifying Cosigner/Guarantor or an increased deposit.)
We do not accept Comprehensive Reusable Tenant Screening Reports as defined by and pursuant to RCW 59.18.
*Disclaimer: Advertised photos and videos may be of a similar unit in the building. Apartment features may vary. All applicants are encouraged to tour the property before lease signing to confirm unit details.
Equal Opportunity Housing
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