3807 Linden Ave N - Multi-Family FOR SALE


Seattle, WA 98103- Fremont
$1,000,000 USD
206-812-9123
3807 Linden Ave N, Seattle, WA for Sale
$1,000,000 USD
Multi-Family - FOR SALE
1/16
null | 4.95% Cap Rate

3807 Linden Ave N
Seattle, WA 98103
Fremont


HIGHLIGHTS

  • Huge potential for an amazing owner's unit
  • Opportunity to renovate all units and bring rents to market
  • Large corner lot zoned LR3 (M1)
  • Quick access to major employment centers (SLU, Fremont, Downtown)
  • Two garages - rare for properties in Seattle's core
  • Property is currently vacant - Great opportunity to renovate immediately

OVERVIEW

Well-located three-unit multifamily asset in the heart of Seattle’s Fremont neighborhood. This unique property presents substantial rental upside through interior renovations and layout optimization. The property features three spacious units — a 3BD/1BTH main-floor unit with a garage and deck, a 2BD/1BTH lower unit with a deck, and a 1BD/.75BTH unit with an attached garage. The lower level 2BD/1BTH includes unfinished space that can be incorporated into the existing units or converted for additional amenity use. Currently this unfinished space contains a washer/dryer for the use of the 2BD and 1BD unit. Each unit benefits from strong natural light and west-facing decks.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$296 USD /SF

# OF UNITS

3

PRICE/UNIT

$333,333

CAP RATE

4.95%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fremont Triplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LR3 (M1)

APN/PARCEL ID

197220-1441

ASK ABOUT THIS PROPERTY

Michael UrquhartParagon Real Estate AdvisorsMore Info
206-812-9123

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Michael UrquhartParagon Real Estate AdvisorsMore Info
206-812-9123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.