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Fremont 5 Unit
461 N 39th Street Seattle WA 98103
Listing #: 690832 | Status: Available | Last Modified: 1/13/2025
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 144,449 |
| Vacancy Factor % | 5.00% |
| Operating Expenses | 57,187 |
| Net Operating Income | 80,039 |
| CAP Rate | 5.13 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 5.133 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 5 |
| # of Elevators | 0 |
| Clearance Height Min | 0 |
| Total Building SF | 6,150 SF |
| Net Rentable Area | 5,150 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 4,792 SF |
| Acres | 0.11 |
| Year Built | 1971 |
| Year Renovated | 2000 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | King |
| Market Area | Fremont/Ballard |
| Tax ID # | 1972200715 |
| Zoning | LR3(M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 4 |
| # Uncovered Spaces | 1 |
| Total Parking Spots | 5 |
| Parking Ratio | 0 |
Fremont 5-Unit 461 N 39th St.
Incredibly well-maintained 5-unit in the heart of Fremont with historically low vacancy rate and rental upside! Four large 2 bd/1.5 bth units and one 1 bd/1 bth unit averaging over 1,030 SF. All units feature in-unit W/D, dishwasher, dining area off kitchen, deck or patio, and off-street parking. The light filled units also have large rooms, tons of storage, and double pane windows. 3 of the 5 units have updated kitchens/bathrooms. Phenomenal location, on a bus line, and just blocks to Burke-Gilman Trail and the Center of the Universe! Excellent investment as-is -- plus the opportunity for an owner-user to occupy one unit while collecting income from the other four units. Please do not disturb tenants. Rents and expenses shown are actual.
Apts. D+S
Fremont 5 Unit
461 N 39th Street Seattle WA 98103
Listing #: 690832 | Status: Available | Listing Date: 1/3/2025 | Last Modified: 1/13/2025 | Email Listing
For Sale
Fremont 5 Unit
