Prime investment opportunity in the heart of Fremont! Linden features an attractive 8-unit mix (two 1 bed/1 bath and six 2 bed/1 bath units) averaging 644 sq ft. Exceptional upside potential with current rents ~10% below market rate and utility reimbursements sitting at ~37% with room to expand to 86%.… Read More Additional revenue avenues include introducing parking fees and pet rent.Six units are already renovated with low-maintenance LVP flooring, updated kitchen cabinets, new countertops, upgraded fixtures, and modern bathrooms. Over $200k in recent capital improvements completed, including a new roof, upgraded electrical panels, and fresh exterior paint—leaving just two units to finish for full value-add execution.Unbeatable location on Linden Ave, 1 block off Fremont Ave’s top dining and nightlife, the Burke-Gilman Trail, and Gas Works Park. Walk Score 82 | Bike Score 80. Easy access to Aurora Ave & downtown Seattle. Outstanding cash flow potential in a high-demand submarket! Read Less
Listing courtesy of Real Broker LLC
Listing Snapshot
Cumulative Days On Market
37
Days on Website
37
Last Updated
Property Type
Multi Family
Square Ft.
5,150
Lot Size
0.11 Acres
Year Built
1965
Property Tax
$16,593
MLS Number
2577739
Additional Details
Building
Built in 1965, 2 stories, Construction Materials: Stone, Stucco, Wood
Cooling
None
Expenses
Electric: $4,151, Fuel: $4,151, Insurance: $4,307, Other Expense: $16,355
Exterior Features
Stone, Stucco, Wood
Floors
Laminate
Foundation
Block
Heating
Baseboard
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $162,600, Net Operating Income: $109,440
Lot
0.1148 acres
Parking
3 carport spaces, 3 covered spaces, 8 total parking spaces
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. Listings last updated on ,
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