3617 Francis AVE N new to site Save Request In-Person Tour Request Virtual Tour
Seattle,WA 98103
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,772 sqft
Price per Sqft $371
Subdivision Fremont
MLS Listing ID 2413396
Style 54 - 4-Plex
Bedrooms 8
Year Built 1982
Annual Tax Amount $12,683
Lot Size 4,992 Sqft
Property Sub-Type Multi Family
Property Description
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%
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Flooring Ceramic Tile,Vinyl Plank
Exterior
Exterior Feature Wood Products
Amenities Available Fenced-Fully,Patio
View Y/N No
Roof Type Flat
Building
Lot Description Curbs,Paved,Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Acceptable Financing Cash Out
Listing Terms Cash Out