Seattle, WA 98103,3617 Francis AVE N
Seattle, WA 98103,3617 Francis AVE N
Seattle, WA 98103,3617 Francis AVE N
Seattle, WA 98103,3617 Francis AVE N
Seattle, WA 98103,3617 Francis AVE N
Seattle, WA 98103,3617 Francis AVE N
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Listed by Westlake Associates, Inc.
$ 1,775,000
Est. payment | /mo

8 Beds

4 Baths

4,772 SqFt


Save
$ 1,775,000
Est. payment | /mo
Save

8 Beds

4 Baths

4,772 SqFt

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

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 1000 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

Fireplace false

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

Senior Community No

Acceptable Financing Cash Out

Listing Terms Cash Out

Northwest MLS (NWMLS)
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3617 Francis AVE N