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A fantastic opportunity to acquire this well-maintained, Mid Century 8-unit apartment bldg in the heart of Wallingford. With below-market rents, this property offers significant upside potential for investors looking to add value. Building offers updated, easy-to-rent 1 bedroom units~100% occupied! Each unit has a private entrance along the south-side veranda, overlooking mature landscaping. Additional features: newer dble pane windows, hardwd flrs, updated baths, onsite W/D, 4.8% cap rate; LR2-M zoning. Roof & sewer line replaced in 2014, Storage for each unit plus owners storage room. Self-managed w/careful attention to maintenance & tenant satisfaction. 94 Walk Score: schools, cafes, parks & of course UW. Solid asset w/growth potential!
- Neighborhood
- Type
- CountyKing
- Area705 - Ballard/Greenlake
- Tax Amount$18,361
- StatusActive
- Listing #2295711
- Built1958
- Lot Size0.13
- Listed on site84 days
Listed by:
RE/MAX Northwest
Listing information © 2023 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 LaVerne Pike - Windermere 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 Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2024-12-21 08:36:54. DMCA
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Property details
Community Features
- No HOA
- No Adult Community
Exterior features
- No Pool
Property History
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Oct 29, 2024 | 2 mos ago | Price decreased91,000 (5%) | $1,899,000 |
| Sep 28, 2024 | 3 mos ago | New on market | $1,990,000 |
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