4411 Corliss Avenue N Seattle WA 98103 MLS #NWM2295711

Listing Provided Courtesy of RE/MAX Northwest
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!

Property Details

Price:
$1,899,000
MLS #:
NWM2295711
Status:
Active
Beds:
0
Baths:
0
Address:
4411 Corliss Avenue N
Type:
Multi Family
Subtype:
Multi-Family
Subdivision:
Wallingford
Neighborhood:
705 – Ballard/Greenlake
City:
Seattle
Listed Date:
Sep 27, 2024
State:
WA
Finished Sq Ft:
4,190
Total Sq Ft:
4,190
ZIP:
98103
Lot Size:
5,700 sqft / 0.13 acres (approx)
Year Built:
1958
Units:
8

Schools

School District:
Seattle

Interior

Cooling
None
Flooring
Hardwood, Laminate, Carpet
Heating
Baseboard

Exterior

Exterior Features
Brick, Metal/ Vinyl, Wood
Parking Spots
2
Roof
Flat

Financial

Net Operating Income
$101,602
Tax Year
2024
Taxes
$18,361

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4411 Corliss Avenue N
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