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    4315 Woodland Park Avenue N

    Seattle, WA 98103
    • $2,100,000
    • STATUS: Pending
    • ON SITE: 497 days
    • ID#: 1579396
    Under Contract
    UPDATED: 42 min ago
    $2,100,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1901
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Paragon Real Estate Advisors.

    Description

    This site boasts a 7,500SF lot zoned LR2(M) located within the Wallingford. Existing improvements include a 9-unit apartment building and a small single-family house. Multiple attractive investments approach. Most of the leases are MTM giving the opportunity to raise the current income immediately, or an investor may decide to pursue entirely redeveloping the property. Potential build 42 SEDU units(Buyer to Verify). Owner Financing available with 30% down, 4.5% interest only for a 2-5 year term.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Becky Barrick & Associates | Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-29T11:14:01.877.

    www.lovewashingtonliving.com/homes/104267166
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    4315 Woodland Park Avenue N Seattle, WA 98103

    • Price: $2,100,000
    • Status: Pending
    • Updated: 42 min ago
    • ID#: 1579396
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1901
    Built
    Neighborhood:
    Wallingford
    County:
    King
    Area:
    Ballard/Greenlake
    School District:
    Seattle
    Property Description
    This site boasts a 7,500SF lot zoned LR2(M) located within the Wallingford. Existing improvements include a 9-unit apartment building and a small single-family house. Multiple attractive investments approach. Most of the leases are MTM giving the opportunity to raise the current income immediately, or an investor may decide to pursue entirely redeveloping the property. Potential build 42 SEDU units(Buyer to Verify). Owner Financing available with 30% down, 4.5% interest only for a 2-5 year term.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 1 Exterior Features WoodWood Products Open Parking Spaces 2 Open Parking YN Yes Parking Total 3 Parking Uncovered Spaces 2 Roof Flat Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Flooring LaminateVinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 118800 Insurance Expense 2500 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 69241 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Sub Type Multi-Family Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 11507 Tax Year 2017 Total Expenses 44807 Units In Building Total 10 Utilities Sewer ConnectedElectricity Available Water Sewer Garbage 17000 Zoning Class Multi-Family Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Becky Barrick & Associates | Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Becky Barrick & Associates | Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-29T11:14:01.877.

     
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    Becky Barrick & Associates | Keller Williams Realty
    1029 E. Main Street, Suite 201
    Puyallup WA, 98372
    Listing Courtesy of Paragon Real Estate Advisors.