Wallingford Homes with FHA Terms

Wallingford Homes with FHA Terms

Welcome to Wallingford, a charming neighborhood located in Seattle, Washington. Known for its tree-lined streets, stunning views of Lake Union, and a vibrant community atmosphere, Wallingford is a highly sought-after area for homebuyers.

If you're looking to purchase a home in Wallingford with FHA terms, you're in luck! This neighborhood offers a variety of homes that qualify for FHA financing, making it easier for first-time buyers and those with limited down payments to achieve their homeownership dreams.

With its proximity to top-rated schools, trendy cafes, local shops, and beautiful parks, Wallingford provides residents with a perfect blend of urban conveniences and natural beauty. Whether you're strolling along the Burke-Gilman Trail or exploring the bustling streets filled with local businesses, there's always something exciting to discover in this dynamic neighborhood.

Don't miss the opportunity to own a home in Wallingford with FHA terms. Contact us today to explore available listings and find your perfect place in this thriving community. Let us help you make Wallingford your new home sweet home!

Newest Wallingford Homes with FHA Terms

1612 N 38th Street, Seattle
$1,199,000
6 Beds ⋅ 3 Baths ⋅ 2593173 MLS ⋅ ACTIVE Status
Exceptional Investment Opportunity in Desirable Wallingford! This conveniently located legal duplex offers outstanding flexibility, strong rental income, and long-term investment potential—ideal for investors, owner-occupants, or multi-generational living. Generating $79,200 in actual annual rental income, with a projected NOI of $64,220 and a 5.36% cap rate, the property benefits from low operating expenses, with tenants paying all utilities and the owner responsible only for property taxes and insurance. No HOA fees! Live in one unit and rent the other, or enjoy the established rental income. Previously operated as an Airbnb, offering additional potential (buyer to verify eligibility). Each unit is separately metered with its own tankless water heater. Recent improvements and desirable features include a new roof, off-street parking, basement storage, a stone patio, and a private fenced backyard. Enjoy impressive Seattle skyline views from both units! The upper unit features double French doors opening to a balcony, while the lower unit offers a charming wrap-around porch. Ideally situated minutes from I-5, the University of Washington, Gas Works Park, John Stanford International School, and other highly regarded schools. A rare opportunity to own an income-producing duplex in one of Seattle's most sought-after neighborhoods! Offered at $1,199,000 | 5.36% Cap Rate | $79,200 Annual Rental Income.

1612 N 38th Street, Seattle

Listing Broker: Skyline Properties, Inc.; Amir Rashidi; 206-498-2290; amir@gotobuysell.com

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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