3617 Francis Avenue N

Seattle, WA 98103

  • Bed

  • Bath

  • 4772 SqFt

  • 5 DOM

  • Built: 1982

  • Status: Active

$1,775,000

X

3617 Francis Avenue N

Seattle 98103

$1775000

  • Bed

  • Bath

  • 4772 SqFt

  • 5 DOM

  • Built: 1982

  • Status: Active

Srinivas Kasam

CEO & Founder

(650)533-3259

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%

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