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4228 Fremont Ave N, Seattle, WA 98103
4228 Fremont Ave N, Seattle, WA 98103
4228 Fremont Ave N, Seattle, WA 98103
Listing courtesy of: Dave Smith, Paragon Real Estate Advisors
For Sale (MLS-listed)
$929,000

4228 Fremont Ave N Seattle, WA 98103

Beds: 3
Baths: -
Sq. Ft.: 4,774
$/Sq. Ft.: $195
Lot Size: 1,865 Sq. Ft.
Property Type:Multi-Family
Style:5-9 Units
Stories:3
Year Built: 1909
Community: Fremont
County: King
MLS#: 29134410
Source: NWMLS
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 66 days
Cumulative: 66 days
Seller Financing Possible! Excellent Fremont Ave Loc - 6 apartments and 1 com space. Retail tenant has been in place for well over 10 years. Cleaning is and always has been conducted off site (drop shop). In addition to the commercial space there are 2 studios, 3 - 1 bd, and 1 - 2 bd apartments. All tenants pay for there own electric heat, and there is a utility bill back for water, sewer, and garbage. Great opp. to be a landlord in one of Seattle's best rental neighborhoods. CALL FOR PACKAGE

Heating & Cooling

  • Baseboard Heat

Unit 1 Information

  • # of Baths: 1
  • Sq. Ft.: 512
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $650
  • Unit Number: Stuido

Unit 4 Information

  • Sq. Ft.: 500
  • Monthly Rent: $1,770
  • Unit Number: Commercial

Property Information

  • Tax ID #: 5695000124
  • Vacancy Rate: 3

Utility Information

  • Energy Source: Electric
  • Sewer Connected

Unit 2 Information

  • # of Bedrooms: 1
  • # of Baths: 1
  • Sq. Ft.: 650
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $812
  • Unit Number: 1BD/1BTH

Lot Information

  • Corner Lot
  • Curbed Lot
  • Lot Is On Paved Street
  • Lot Has Private/Public Sidewalk Access
  • General Zoning Class: Multi-Family

Financial Information

  • Cash Out
  • Owner Financing
  • Annual Taxes: $6,852
  • Tax Year: 2009
  • Cap Rate (NOI/LP): 6.76
  • Gross Rent Multiplier: 10
  • Total Monthly Income: $7,159
  • Gross Scheduled Income: $85,092
  • Gross Adjusted Income: $82,539
  • Net Operating Income: $62,788
  • Insurance Expenses: $2,071
  • Water/Sewer/Garbage Expenses: $4,408
  • Other Expenses: $6,420
  • Total Expenses: $19,751
  • Total Expenses: $19,751

Building Information

  • # of Units: 7
  • Wood Products Exterior
  • Flat Roof

Unit 3 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Sq. Ft.: 700
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $949
  • Unit Number: 2BD/1BTH

Location Information

  • Map Book: Thomas Guide
  • Ballard/Greenlake/Greenwood

School Information

  • School District: Seattle

Listing last changed

November 19, 2009, 4:23 PM

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Overhead View of 4228 Fremont Ave N, Seattle, WA 98103

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Property History for 4228 Fremont Ave N

Date Event Price Appreciation Source
Nov 18, 2009 Price Changed $929,000 -- NWMLS #29134410
Sep 21, 2009 Listed $949,000 -- NWMLS #29134410

Public Facts for 4228 Fremont Ave N

Beds: -
Baths: -
Finished Sqft: 4490
Unfinished Sqft: -
Total Sqft: 4490
Floors: 2
Lot Size: 1,865
Style: Multi-Family (5+ Unit)
Year Built: 1909
Year Renovated: 1970
County: King County
APN: 5695000124
Last Updated: November 14, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $205,100
Additions $639,900
Total $845,000
Tax (2009) $6,853

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