3617 Francis Avenue N, Seattle, WA 98103

Multi-Family Home
Built in 1982
4,992sqft lot
—— car garage
$——/sqft
Listed 6 days ago

Property Description

This listing courtesy of Chad Michael Martini, Westlake Associates, Inc.

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%

Listing Status:: Active
Listing Office:: Westlake Associates, Inc. : 206-505-9400
Listing Agent:: Chad Michael Martini : 206-505-9400
MLS ID:: 2413396

Flooring: Ceramic TileVinyl Plank
A/C: None
Heating: Baseboard
Fireplace: Fireplaces: 0

This listing courtesy of Chad Michael Martini, Westlake Associates, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

B. F. Day Elementary School

3921 Linden Ave N, Seattle, WA, 98103

Grades PK-5

0.26 miles away

Cascade Parent Partnership Program

2919 1st Ave W, Seattle, WA, 98119

Grades KG-8

0.49 miles away

Lincoln High School

4400 Interlake Ave N, Seattle, WA, 98103

Grades 9-12

0.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.