Unbeatable Fremont Location. The Phinney Fourplex is a classic property situated on an ideal corner lot with beautiful Southwest views. The property is zoned LR1 and is a perfect land bank with tons of potential for future development. The existing building has a historically low vacancy rate with consistently strong rental cash flow. The units all boast desirable old world charm features such as coved archways and hardwood floors. Potential townhome/rowhouse redevelopment, corner lot zoned LR1.
Listing courtesy of NWMLS / Westlake Associates, Inc.
Last checked:
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Last updated Mar 18, 2024
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MLS# 2187812 —
The Building
Year Built:
1910
New Construction:
false
Structure Type:
Quadruplex
Exterior Features:
Brick, Stone, Wood
Roof:
Composition
Units In Building Total:
4
# of Units Total:
4
Stories Total:
2
Building Area Total:
3288
Building Area Units:
Square Feet
Calculated SqFt:
3288
Interior
Interior Features:
Hardwood
Flooring:
Hardwood
Fireplace:
false
Financial & Terms
Possession:
Closing
Buyer Financing:
Conventional
Location
Latitude:
47.657932
Longitude:
-122.35407
Directions:
On I-5 N, take exit 167 for Mercer St. Turn right onto Aurora Ave N, keep right to continue on Bridge Way N. Turn L on N 38th St, turn R on Fremont Ave N, turn L onto 42nd St, turn R on Phinney Ave N
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Property Condition:
Good
Parcel Number:
8129701010
Lot Features:
Corner Lot
Lot Size Units:
Square Feet
Lot Size Acres:
0.1377
Lot Size SqFt:
6000
Lot Size Source:
King County Assessor
Zoning Class:
Multi-Family
Zoning Jurisdiction:
City
View:
false
Waterfront:
false
Possible Use:
Multi-Family
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(206) 505-9400
Office phone:
(206) 505-9400
Taxes
Tax Year:
2023
Tax Annual Amount:
12395
The Listing
Special Listing Conditions:
None
Heating & Cooling
Cooling:
false
Heating:
true
Cooling:
None
Heating:
Forced Air
Utilities
Water Company:
Seattle Public Utilities
Sewer:
Sewer Connected
Water Sewer Garbage:
4458
Schools
High School District:
Seattle
The Community
Subdivision Name:
Fremont
Amenities:
Coin Op Laundry
Senior Community:
false
Association:
false
Parking
Parking Total:
1
Open Parking:
false
Carport:
false
Covered Spaces:
1
Listing courtesy of NWMLS / Westlake Associates, Inc.
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date
Event
Source
Price
% Change
3/15/24
Mar 15, 2024
Sold
NWMLS
$1,640,000
-3.2%
2/5/24
Feb 5, 2024
Pending
NWMLS
$1,695,000
1/2/24
Jan 2, 2024
Listed / Active
NWMLS
$1,695,000
11.1% (2.2% / YR)
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Multifamily
Sold
on 3/15/2024
$1,640,000
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Listing courtesy of NWMLS / Westlake Associates, Inc.
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by Westlake Associates, Inc. and should be verified by the buyer.