3700 Wallingford Avenue N, Seattle, WA 98103

$1,150,000
1,517
SqFt

Listing courtesy of COMPASS.

List Price
$1,150,000
Status
ACTIVE
MLS#
2035666
Price Change
▼ $25,000 1691284629
Days on Market
348
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
1,517
Area Total SqFt
1517
Annual Tax Ammount
6675
Internet Provider
Comcast
Lot Size (sq ft)
3,420
Sewer
Sewer Connected

Property Description

Offering views of downtown, this 1911 building conveniently located on a corner lot in the heart of Wallingford is steeped in charm & character, boasting beautiful old growth wood floors, striking exposed beams, & a cozy loft space. Located across the street from popular establishments Cantinetta & Union Saloon, there is exceptional exposure to foot traffic. Properties like this, offering such a rare combination of historic charm & prime location, are rarely available in such wonderful in-city neighborhoods. Operating as Chroma Salon (2-yr lease ending 9/30/2025), there is also a renovated 1-bdrm apartment upstairs ($4,500/m rent includes both units). Sewer line replaced 5 years ago. Electrical & flooring recently updated. Zoned LR2 RC(M).

Additional Information

List Date
2023-04-14 20:03:36
Community
Wallingford
Net Operating Income
$25,181
Gross Adjusted Income
$42,180
Gross Scheduled Income
$44,400
Total Monthly Income
$3,700
Insurance Expenses
$4,092
Water/Sewer/Garbage Expenses
$2,645
Gross Rent Multiplier
27.59
Total Expenses
$16,818
Cap Rate
2.1
Vacancy Rate
5
Total Number of Units
2
Unit Name
3700
Potential Terms
Cash Out, Conventional
Year Built
1911
View
City, See Remarks
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Outbuildings
Electric Expenses
2326
Other Expenses
1080
Energy Source
Electric
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,700
Gross Scheduled Income
$44,400
Vacancy Rate
5
Gross Adjusted Income
$42,180
Tax Year
2023
Insurance Expense
$4,092
W/S/G Expenses
$2,645
Total Expenses
$16,818
Net Operating Income
$25,181
Gross Rent Multiplier
27.59
Cap Rate
2.1
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks