MLS #2334643 / Listing provided by NWMLS & Realogics Sotheby's Int'l Rlty.
$5,950,000
4450 Green Lake Way N
Seattle,
WA
98103
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: Yes
Parking
- Parking Total: 23
- Uncovered Parking Spaces: 6
- Open Parking Spaces: 6
Structure
- Roof: Torch Down
- Exterior Features: Wood
- Foundation: Poured Concrete
Lot Details
- Lot Features: Corner Lot, Secluded, Sidewalk, Value In Land
- Acres: 0.1111
- Foundation: Poured Concrete
Schools
- High School District: Seattle
- High School: Lincoln High
- Middle School: Hamilton Mid
- Elementary School: Bf Day
Lot Details
- Lot Features: Corner Lot, Secluded, Sidewalk, Value In Land
- Acres: 0.1111
- Foundation: Poured Concrete
Power
- Energy Source: Electric
- Power Company: Public
Water, Sewer, and Garbage
- Sewer Company: Public
- Sewer: Sewer Connected
- Water Company: Water District
- Water Source: Public
- Water, Sewer, and Garbage: 39600
Charlie Hawkins Floberg
Office Manager | Managing Broker | REALTOR®
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