Active
  • Listed by: 

    Chad Michael Martini,

    Westlake Associates, Inc.,

    David W Petersen,

    Westlake Associates, Inc.

    $1,775,000

    3617 Francis Avenue N, Seattle, WA 98103

    8beds
    4baths
    4,772sqft
    : 
    Quadruplex
    Built in 1982
    -- sqft lot
    $1,717,500 Zestimate®
    $372/sqft
    $-- HOA

    What's special

    Hardwood floors
    SHOWING TIME: WED 8/13 (11am - 1pm). Please confirm. Fremont 4 presents a compelling investment opportunity in Seattle’s vibrant Fremont neighborhood: a well-maintained 4-unit multifamily property. Built in 1982, this fourplex features four 2-bedroom/1-bath units averaging 882 sq ft each, with hardwood floors, washer/dryers in unit, and ample parking/storage. Situated on a 4,992 sq ft LR3-zoned lot, it offers immediate rental income with upside potential through rent increases and cosmetic updates, plus redevelopment possibilities for higher density. In a market with 2-3% annual rent growth and strong demand from tech professionals, this asset promises solid returns for value-add investors or owner-occupants. Current CAP: 6.25%
    5 days
    on Zillow
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