4411 Corliss Avenue N Seattle, WA 98103
Listing Courtesy of: Northwest MLS / Re/Max Northwest

  4411 Corliss Avenue N Seattle, WA 98103

Active (9 Days)
$1,990,000

Description

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 for added privacy. Additional features: newer double pane windows, hardwd floors, updated baths, onsite laundry, parking, 4.8% cap rate, and LR2-M zoning for future development. Thoughtfully self-managed w/careful attention to maintenance & tenant satisfaction. Plus, a 94 Walk Score:schools, cafes, parks & of course UW. Solid asset with growth potential!

MLS #:
2295711
Taxes
$18,361(2024)
Lot Size
5,700 SQFT
Type
Multifamily
Building Name
Baltimore Addition
Year Built
1958
Style
5-9 Units
Views
Territorial
School District
Seattle
County
King County
Community
Wallingford

Listed By

Brian E. Lavery, Re/Max Northwest
Source
Northwest MLS as distributed by MLS Grid
Last checked Oct 6 2024 at 1:02 PM GMT+0000
Bathroom Details
Interior Features
  • Hardwood
  • Laminate
  • Wall to Wall Carpet
Subdivision
  • Wallingford
Lot Information
  • Curbs
  • Dead End Street
  • Paved
  • Sidewalk
Property Features
  • Deck
  • Fireplace: 0
Heating and Cooling
  • Baseboard
Flooring
  • Hardwood
  • Laminate
  • Carpet
Exterior Features
  • Brick
  • Metal/Vinyl
  • Wood
  • Roof: Flat
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 2024 10/6/24 06:02. 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.