4450 Green Lake Way N
Seattle, WA 98103
10105 sqft | 0.11 acres | #2334643
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.
Property Details
- Lot DescriptionCorner Lot, Secluded, Sidewalk, Value In Land
- ViewCity, Lake, Mountain(s)
- InteriorLaminate Hardwood
- Date ListedFebruary 21, 2025
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Style56 - 10+ Units
- Property TypeMulti-Family
- Middle SchoolHamilton Mid
- High SchoolLincoln High
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- SubdivisionWallingford
- Original List Price$5,950,000
- Property ConditionRemodeled
- School DistrictSeattle
- Taxes Annual$22,909
- MLS #2334643
- Cost5950000
- MLS #2334643
- Acres0.1111
- Utility SourcePublic
- Elementary SchoolBf Day
- Square Feet10105
- Exterior MaterialsWood
- Year Built1905
- CountyKing
- Stories3
- Days on Market (Cumulative)1
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-02-21 18:25:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Diane Cao (#NWM145628)
Listing Office: Realogics Sotheby's Int'l Rlty (#NWM2967)
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