Investor Alert! 5.81% Cap Rate Triplex opportunity in the heart of Wallingford! Never a vacancy & never a missed rent payment! Leases good thru 8/31/22 Ea unit consists of 3 bed 1 bath approx. 890sf. Off street parking. Completed major upgrades include new water line from the street, all new plumbing, new sewer line, electrical updated and balanced, new storage unit with common W/D, new roof, windows & gutters, new concrete driveway & sidewalk, new patio w/ fire pit, BBQ, new toilets & sinks, garbage disposals, new granite counter tops & new flooring in some areas. Excellent location near the University of Washington, Green Lake, Gas Works, Burke-Gilman Trail. Walking distance to the waterfront, shops & restaurants. Walking score of 92.
Listing courtesy of NWMLS / Keller Williams Realty Bothell
Last checked:
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Last updated Apr 22, 2023
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MLS# 1850809 —
The Building
Year Built:
1923
Year Built:
1923
Year Built Source:
Public Records
New Construction:
false
Structure Type:
Triplex
Exterior Features:
Wood
Roof:
Composition
Units In Building Total:
3
Foundation Details:
Poured Concrete
# of Units Total:
3
Stories Total:
3
Building Area Total:
2670
Building Area Units:
Square Feet
Calculated SqFt:
2670
Interior
Interior Features:
Fir/Softwood
Furnished:
Unfurnished
Flooring:
Softwood,Vinyl
Fireplace:
false
Financial & Terms
Possession:
Closing
Buyer Financing:
Conventional
Location
Latitude:
47.655834
Longitude:
-122.335576
Directions:
I5 head W. North on 45th St. South on Wallingford Ave N. East on N. 40th Street.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Property Condition:
Good
Parcel Number:
4083302070
Lot Features:
Curbs,Paved,Sidewalk
Lot Size Units:
Square Feet
Lot Size Acres:
0.0661
Lot Size SqFt:
2880
Lot Size Source:
Realist
Zoning Class:
Multi-Family
Zoning Jurisdiction:
City
Electric On Property:
false
View:
Territorial
View:
true
Waterfront:
false
Possible Use:
Multi-Family
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(425) 482-6100
Office phone:
(425) 482-6100
Taxes
Tax Year:
2021
Tax Annual Amount:
7730
The Listing
Special Listing Conditions:
None
Heating & Cooling
Heating:
true
Heating Cooling Type:
Baseboard
Utilities
Utilities:
Sewer Connected,Electricity Available
Water Company:
Seattle
Water Source:
Public
Sewer:
Sewer Connected
Sewer Company:
Seattle
Power Company:
Seattle
Water Sewer Garbage:
7200
Schools
High School District:
Seattle
The Community
Subdivision Name:
Wallingford
Senior Community:
false
Parking
Parking Total:
3
Parking Uncovered Spaces:
3
Open Parking:
true
Open Parking Spaces:
3
Carport:
false
Listing courtesy of NWMLS / Keller Williams Realty Bothell
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date
Event
Source
Price
% Change
1/24/22
Jan 24, 2022
Sold
NWMLS
$1,270,000
-2.3%
1/10/22
Jan 10, 2022
Pending
NWMLS
$1,299,500
11/17/21
Nov 17, 2021
Relisted
NWMLS
$1,299,500
Finding records…
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No additional history available
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Multifamily
Sold
on 1/24/2022
$1,270,000
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Listing courtesy of NWMLS / Keller Williams Realty Bothell
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by Keller Williams Realty Bothell and should be verified by the buyer.
Checking…
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Last updated Apr 22, 2023
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