3626--3632 Woodland Park Ave N $4,800,000


    3626--3632 Woodland Park Ave N Seattle, WA 98103

    • 0 Beds
    • 0 Baths
    • 3,184 sq.ft.
    • Multi-Family
    Listing# 1524832 | Active
    Days On Market: 20 7 Views
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    Property Details

    Unique opportunity to invest, reposition & develop in Wallingford/Fremont neighborhood. Two contiguous parcels offer 13,000 SF of NC2-75 (M1) zoned land. Currently, 9 units on site, incldng a 5-unit apt and 2 duplexes. Initial studies indicate potential to preserve & renovate the two historic buildings & develop 30 units in the back, creating a unique landmark community. Alternatively, an investor may entirely redevelop the parcels, with potential to build approx 126 new units. (Buyer to Verify)

    • General Features
      • County King
      • County King
      • Lot Details Paved Street, Sidewalk
      • Lot Square Footage 6,500
      • Number of Stories 2
      • Number of Units 9
      • Style 55-5-9 Units
      • View Territorial
      • Year Built 1926
    • Building Features
      • Roof Compostion, Flat
      • Exterior Brick, Wood, Wood Products
      • Amenities Coin Op Laundry
      • Approx SqFt 3,184
    • Financials
      • Total Monthly Income $14,638
      • Net Operating Income $113,995
      • Gross Scheduled Income $175,660
      • Gross Adjusted Income $168,634
      • Total Expenses $54,639
      • Other Expenses $22,471
      • Insurance Expenses $3,548
      • Expenses $54,639
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 29
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $24,091
      • Energy Source Electric
      • Heating and Cooling Baseboard, Forced Air
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle



    98103 (Seattle) Demographics

    33Median Age
    10,650Population Density (per sq. mile)
    80%College Educated
    $84,069 Estimated Median Income
    10,880Estimated Total Home Owners
    12,431Estimated Total Renters
    47% / 53%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    49,364Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $658,750 Median Sales Price
    52 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $4,800,000
        9/27/2019 9:22:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.