Property for Sale in Seattle
4450 Green Lake Way N , Seattle, WA
- 25 BEDS
- 25 BATHS
- 4,838 sq.ft. Land
Key Facts
- MLS® #: 2334643
- Property ID: SIRC2289789
- Original Price: USD 5,950,000
- Property Type: Residential, Other
- Lot Size: 4,838 sq.ft.
- Year Built: 1905
- Bedrooms: 25
- Bathrooms: 25
- Parking Spaces: 6
- Listed By:
- Diane Cao
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 and 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.
Amenities
- City
Listing Agents
- Diane Cao
C. 2064308280
O. 2064308280
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Location
4450 Green Lake Way N , Seattle, Washington, 98103 United States
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Realogics Sotheby's International Realty
15 Lake Street Suite 200
Kirkland, Washington, 98033
United States
4256585300