Provided by NWMLS, Listed by Realogics Sotheby's Int'l Rlty

Active

4450 Green Lake Way N

Seattle WA, 98103

$5,950,000


$588.82 per sqft

Active

10,105 sqft

Multi-family

Built in 1905

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.

2334643

MLS ID

February 21, 2025

Listed

February 21, 2025

Updated

Interior Features

Total Stories

3


Interior Features

Laminate Hardwood


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Forced Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.11 Acres


Exterior Features

Wood


Lot Features

Corner Lot, Secluded, Sidewalk, Value In Land


Roof

Torch Down


Sewer

Sewer Connected

School Information

School District

Seattle


High School

Lincoln High


Elementary School

Bf Day

Other Property Details

Area Name

705 - Ballard/Greenlake


Taxes

$22,909


Tax Frequency

Annually


Garage

No


Parking Total

23


View

Yes


View Description

City, Lake, Mountain(s)


County

King


Water Source

Public


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 2/23/2025. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 2/23/2025 at 7:00 AM UTC . 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.

©2025 Northwest Multiple Listing Service all rights reserved.

Data last updated on 2/23/2025 at 7:00 AM UTC 

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