The Dravus Fourplex consists of four thoughtfully configured units, including two studios, a 2BD/1BTH unit, and a 1BD/1BTH unit with a den. Each unit features in-unit W/D, vinyl plank flooring, and updated appliances. Select units have received more extensive renovations, including gray shaker cabinetry, quartz-style countertops, modern fixtures, and other… Read More contemporary finishes, while the remaining units have been updated over time as needed and maintained in good condition. The property is exceptionally well located, with Fremont just a five-minute walk across the Fremont Bridge, providing immediate access to the neighborhood’s restaurants, bars, retail, and entertainment. Opportunities to acquire a renovated and well-positioned fourplex in Queen Anne are increasingly rare. With the building’s major systems addressed, a new roof, renovated interiors, and strong proximity to Fremont and Queen Anne, the Dravus Fourplex offers an attractive combination of current income and future upside. Unit 3 has recently become vacant, creating an excellent owner-user opportunity for a buyer looking to occupy one unit while benefiting from rental income from the remaining three. The property is already operating well, while additional upside exists through the potential to implement utility bill-backs, providing a clear path to further increase income and improve overall operating performance. Read Less
Listing courtesy of Paragon Real Estate Advisors
Listing Snapshot
Cumulative Days On Market
0
Days on Website
0
Last Updated
Property Type
Quadruplex
Square Ft.
2,184
Lot Size
0.03 Acres
Year Built
1953
Property Tax
$9,494
MLS Number
2582564
30 Days Snapshot Of 98109
$1.33M
-13%
(avg) sold price
19
-17%
homes sold
73
+19%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 2184, Building Area Units: Square Feet, Calculated Square Footage: 2184, Construction Materials: Brick, Wood, Elevation Units: Feet, Leasable Area: 2184, Living Area: 0, Number Of Units Total: 4, Stories Total: 2, Structure Type: Quadruplex, Units In Building Total: 4, Year Built: 1953
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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