Seller Financing
Listing Provided Courtesy Of:
Paragon Real Estate Advisors and NWMLS
Address
4315 Woodland Park Avenue N Seattle, WA
Price
$ 2,100,000
Property Attributes
  • ID#1579396
  • TypePending
  • CountyKING
  • CitySeattle
  • AreaBallard-Greenlak
  • NeighborhoodWallingford
  • Zip98103
  • Style10+ Units
  • Year Built1901
  • Taxes$ 11507
  • Price$ 2,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3894
  • Lot Size7,501 SqFt
Listing Provided Courtesy Of:
Paragon Real Estate Advisors and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
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.

Price History
3/18/2020 Listed $2,500,000
6/11/2020 16% - $2,100,000

General Features

Building Area Units Square Feet
Carport Y/N No
City Seattle
County King
Directions From I5 take exit 169 toward NE 50th. Keep right. Merge onto 5th Ave NE. Right on NE 50th. Slight left on Green Lake Way N. Left on Woodland Park Ave N. Property is on the right.
Exterior Features Wood, Wood Products
Flooring Laminate, Vinyl, Carpet
High School District Seattle
Insurance Expense 2500
Leasable Area 3894
Lot Size Square Feet 7500
MLS Area 705 - Ballard/Greenlak
Net Operating Income 69241
New Construction No
Open Parking Spaces 2
Possession Closing, Tenant's Rights
Possible Use Multi-Family
Property Style 56 - 10+ Units
Property SubType Multi-Family
Property Type Residential Income
Roof Flat
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Pending
Status Pending
Street Name Woodland Park
Structure Type Multi Family
Subdivision Name Wallingford
Tax Annual Amount 11507
Tax Year 2017
Terms Cash Out, Conventional
Units Below Grade false
Units In Building Total 10
Utilities Sewer Connected, Electricity Available
Water Sewer Garbage 17000
Year Built 1901
Zoning Class Multi-Family

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Avenue
Total Stories 3

Exterior Features

Building Area Total 3894
Covered Spaces 1
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Size Acres 0.1722
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 2
Total Parking 3
View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 98103

Price
AVG $930K
$2.1M
Taxes
AVG $6,328
$11,507
Visits
AVG 46
605
Year Built
AVG 1982
1901
Walkscore
AVG 86
93
Data Provided by Walkscore ® not using MLS data

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