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%
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
Est.:
Quadruplex
Built in 1982
-- sqft lot
$1,717,500 Zestimate®
$372/sqft
$-- HOA
What's special
Hardwood floors
- 5 days
- on Zillow |
- 349 |
- 19 |
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