ON THE MARKET // 7919 WALLINGFORD AVENUE NORTH

7919 Wallingford Ave N

On the Market

Price:

$3,800,000

Situated in the highly sought-after Green Lake neighborhood, this 11-unit apartment building presents a lucrative investment opportunity. Comprising a mix of 7 one-bedroom/one-bath units, 3 two-bedroom/one-bath units, and a luxurious three-bedroom/two-bath penthouse, the property offers a diverse range of living spaces to cater to various tenant preferences. The average square footage of 982 square feet ensures spacious and comfortable living for residents. The building has undergone significant improvements, including a roof replacement just four years ago, all electrical panels have been replaced and the exterior has been completely resided. The interior of the units has been well maintained with 9 of the 11 units receiving new carpet, cabinets, countertops and stainless steel appliances. These updates not only enhance the property’s curb appeal but also contribute to its long-term durability, reducing maintenance costs for the foreseeable future.

7919 Wallingford Ave N is surrounded by one of Seattle’s most coveted neighborhoods in Green Lake, offering an escape to water and a community-enriched landmark park in the city of Seattle. Centrally located between the two largest employment hubs in Washington State – Seattle and Bellevue – residents are within 10 to 20 minutes of 620,000 jobs at companies such as Amazon, Google, Expedia, Meta, Microsoft, Nordstrom, Starbucks, and more.

Property Overview

 

ADDRESS

7919 Wallingford Ave N,

Seattle, WA 98103

 

RESIDENTIAL NRSF

± 10,800

NEIGHBORHOOD

Greenlake

 

ZONING

LR3 (M)

YEAR BUILT

1969

 

PARKING

6 tuck-under stalls, 8 open off street stalls

UNITS

11 Units

 

SITE AREA

8,318 SF (0.19 ACRES)

Executive Highlights

  • WELL MAINTAINED ASSET

    Recently replaced roof, new electrical panels, exterior resided

  • EXCELLENT UNIT MIX

    One, two and three bedroom units

  • RENTAL UPSIDE

    Average rent is approximately 32% below market

  • A+ LOCATION

    Situated directly across from Green Lake Park

  • SPACIOUS UNITS

    Average of 982 square feet

  • OFF STREET PARKING

    6 Tuck under, 8 off street open spaces

Gallery