WA > Seattle > Wallingford
Seattle, WA 98103,4450 Green Lake Way N
Seattle, WA 98103,4450 Green Lake Way N
Seattle, WA 98103,4450 Green Lake Way N
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Listed by Realogics Sotheby's Int'l Rlty
$5,950,000
Est. payment /mo
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10,105 SqFt
Active

4450 Green Lake Way N Seattle, WA 98103

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DJ Gee

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,105 sqft

Price per Sqft $588

Subdivision Wallingford

MLS Listing ID 2334643

Style 56 - 10+ Units

Year Built 1905

Annual Tax Amount $22,909

Lot Size 4,838 Sqft

Lot Dimensions 162 X 149 X 63

Property Sub-Type Multi-Family

Property Description

Wallingford X is a 25-unit multifamily property (18 studios, 7 - 1 bedroom/1 bathroom) perched above the vibrant and highly sought-after Wallingford neighborhood. The units feature lake, city, and territorial views that charms tenants and keeps the property at high occupancy. The asset is fully occupied for the next 4 years with 4% annual increases. Each unit offered fully furnished was renovated with brand new flooring, new hardware, fixtures, and trim, and the owners installed new kitchens & kitchenettes. Wallingford X represents a strong value-add investment with its current rents providing steady cash-flow and opportunity for significant upside from market rents and future redevelopment of up to 66 SEDU or 77 congregate housing units.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Interior Features Laminate Hardwood

Flooring Laminate

Fireplace false

Exterior

Exterior Feature Wood

View Y/N Yes

View City, Lake, Mountain(s)

Roof Type Torch Down

Building

Lot Description Corner Lot, Secluded, Sidewalk, Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Bf Day

Middle Schools Hamilton Mid

High Schools Lincoln High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, Owner Financing

Listing Terms Cash Out, Conventional, Owner Financing

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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agent

DJ Gee

+1(253) 363-0413

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4450 Green Lake Way N

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