Listing courtesy of Synergy Mrgrs & Acq. LLC 206-386-5455
$895,000
Rare and versatile opportunity in the highly desirable Ballard / West Woodland neighborhood. This well-located triplex at 4903 3rd Ave NW offers a unique combination of immediate rental income and future flexibility. The property currently operates as a triplex but presents a rare and relatively straightforward opportunity to convert the… Read More structure back into a spacious single-family residence if desired. The building’s layout and single-structure configuration make it well suited for a buyer looking to reimagine the property as a large custom home, while still maintaining the option to generate rental income in the meantime. For investors, the existing units provide steady income potential in one of Seattle’s strongest rental markets. For owner-occupants or builders, the property offers the chance to create a substantial single-family home in a premier neighborhood without starting from the ground up. Ideally located just minutes from Ballard, Fremont, Green Lake, and Woodland Park, with easy access to shops, restaurants, parks, and major commuter routes. Opportunities like this—combining location, income potential, and future conversion flexibility—are increasingly rare in this sought-after Seattle neighborhood. A truly flexible property with long-term upside for investors, developers, or homeowners looking to create their dream residence. Read Less
Listing courtesy of Synergy Mrgrs & Acq. LLC 206-386-5455
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
164
Days on Website
157
Last Updated
Property Type
Multi Family
Square Ft.
2,280
Lot Size
0.07 Acres
Year Built
1950
Property Tax
$9,339
MLS Number
2518454
Additional Details | Source HomeJunction
Building
Built in 1950, Built in 1950 (effective), 1 storey, Construction Materials: Brick
Cooling
Ductless
Expenses
Electric: $1,558.8, Insurance: $2,797, Other Expense: $1,745
Exterior Features
Brick
Floors
Bamboo/Cork, Ceramic Tile, Hardwood, Vinyl
Foundation
Poured Concrete
Garage
2 spaces
Heating
Baseboard, Ductless, Forced Air
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $70,920, Net Operating Income: $45,339
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
The listings presented here may or may not be listed by Wesley Lau. 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.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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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