Exceptional investment opportunity in the highly desirable Fremont/Wallingford neighborhood. Well-maintained 6-unit building featuring a rare mix of four 2BD units and two spacious 4BD, 2 bath units—consistently easy to rent with strong tenant demand. Five secure, covered parking spaces. Durable Hardie Plank siding and on-site laundry. Current ownership has kept… Read More rents below market, offering immediate income upside for the next investor. Outstanding location with quick access to UW, South Lake Union, and downtown via bus, bike, or car. Unit #2 recently remodeled, all new flooring, quartz, millwork. Well maintained asset. 2024 CAP RATE 4.43%. 2025 Projected CAP RATE 4.76%. Read Less
Listing courtesy of Lotside 425-441-3180
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
110
Days on Website
111
Last Updated
Property Type
Multi Family
Square Ft.
4,800
Lot Size
0.08 Acres
Year Built
1985
Property Tax
$20,065
MLS Number
2456824
30 Days Snapshot Of 98103
$1.08M
+1%
(avg) sold price
51
+37%
homes sold
52
-11%
(avg) days on market
Snapshot
Area Map
Additional Details | Source HomeJunction
Building
Building Area Total: 4800, Building Area Units: Square Feet, Building Name: DENNY AND HOYT'S ADDITION, Calculated Square Footage: 4800, Construction Methods: Standard Frame, Elevation Units: Feet, Leasable Area: 4800, Living Area: 0, Number Of Units Total: 6, Stories Total: 3, Structure Type: "Multi Family", Units In Building Total: 6, Year Built: 1985, Year Built Effective: 1998
Electric Expense: 1210.19, Fuel Expense: 0, Power Company: Seattle City Light, Power Production Type: "Electric", Water Company: Seattle PUD, Water Source: "Community"
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The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
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