Fremont Apartments 617 N 49th St 6 Unit Apartment Building $2,000,000 ($333,333/Unit) Seattle, WA 98103
INVESTMENT HIGHLIGHTS
- Prime Location in Fremont
- Low Maintenance
- Spacious Units
- Value-Add Opportunity
- Quiet Residential Street
- Proximity to Amenities
EXECUTIVE SUMMARY
CBRE is proud to exclusively present the Fremont 6 Apartments, a charming six-unit apartment building located in Seattle’s vibrant Fremont neighborhood. Built in 1970, this property offers spacious one-bedroom and two-bedroom apartments, featuring large open floor plans, abundant natural light from windows on three sides, balconies, and upgraded vinyl windows. The building also includes five open parking spaces and common laundry facilities.
PROPERTY FACTS
| Price | $2,000,000 |
| Price Per Unit | $333,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 5,184 SF |
| No. Stories | 3 |
| Year Built | 1970 |
| Parking Ratio | 1.35/1,000 SF |
UNIT AMENITIES
- Balcony
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 650 |
| 2+1 | 3 | - | 800 |
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Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Number | 952110-0405 | Improvements Assessment | $440,000 |
| Land Assessment | $990,000 | Total Assessment | $1,430,000 |
ZONING
| Zoning Code | LR2 (M) |
