The Fremont Peak Triplex is a fully renovated three-unit investment property located in the heart of Fremont. Originally built in 1914, the property underwent a comprehensive renovation in 2019, including full interior renovations to each unit as well as updates to the plumbing and electrical systems. Approximately 80% of the… Read More original windows were also replaced with dualpane, vinyl-framed windows, providing excellent natural light and stunning views of the Ballard Ship Canal and sunsets over the Olympic Mountains. Each unit was thoughtfully updated with LVP flooring, quartz countertops, modern bathroom vanities, and some have stainless-steel appliances. The property received additional improvements in 2022–2023, including a new roof and exterior paint. The triplex is comprised of a spacious two-bedroom, two-bathroom unit of approximately 1,150 SF, featuring a private deck and views; a one-bedroom, one-bathroom unit of approximately 600 SF; and a studio unit of approximately 500 SF. Each unit is equipped with a full kitchen appliance package, while the two-bedroom unit features its own in-unit washer and dryer. The one-bedroom and studio units share a common laundry room in the basement, provided free of charge to tenants. The basement also offers additional storage space, creating an opportunity for a future owner to generate additional income. Read Less
Listing courtesy of Paragon Real Estate Advisors
Listing Snapshot
Cumulative Days On Market
29
Days on Website
29
Last Updated
Property Type
Multi Family
Square Ft.
2,250
Lot Size
0.07 Acres
Year Built
1914
Property Tax
$14,500
MLS Number
2579596
Additional Details
Building
Built in 1914, 3 stories, Construction Materials: Wood
Cooling
None
Expenses
Insurance: $2,243
Exterior Features
Wood Products
Floors
Laminate
Foundation
Poured Concrete
Heating
Wall Furnace
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $86,400, Net Operating Income: $63,288
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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