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4315 Woodland Park Avenue N

Seattle, WA 98103
  • $2,100,000
  • STATUS: Pending
  • ON SITE: 577 Days
  • ID#: 1579396
Under Contract
UPDATED: 56 min ago
$2,100,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,894
    SQFT
  • $539
    $/SQFT
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 Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-17T15:15:00.06.

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

  • Price: $2,100,000
  • Status: Pending
  • Updated: 56 min ago
  • ID#: 1579396
0
Beds
0
Baths
0
½ Baths
0.17
Acres
3,894
SQFT
$539
$/SQFT
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

Building Area Total 3894 Fireplace YN No Flooring LaminateVinylCarpet Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Electric On Property YN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 69241 New Construction YN No Possession ClosingTenant's Rights 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 Units In Building Total 10 Utilities Sewer ConnectedElectricity Available 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 Alchemy Real Estate 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 Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-17T15:15:00.06.

 
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Alchemy Real Estate
2921 Eastlake Ave E
Seattle WA, 98102
Listing Courtesy of Paragon Real Estate Advisors.