4400 Linden Ave N in Seattle
| Listing ID: | 2577739 (Multi-Family) |
|---|---|
| Listing Price: | $2,000,000 |
| Days on Market: | 24 |
Details | |
| Bed / Bath: | 0.00 / 0.00 |
| Lot Size: | 0.11 acre (5,000 sqft) |
Prime investment opportunity in the heart of Fremont! Linden features an attractive 8-unit mix (two 1 bed/1 bath and six 2 bed/1 bath units) averaging 644 sq ft. Exceptional upside potential with current rents ~10% below market rate and utility reimbursements sitting at ~37% with room to expand to 86%. Additional revenue avenues include introducing parking fees and pet rent.Six units are already renovated with low-maintenance LVP flooring, updated kitchen cabinets, new countertops, upgraded fixtures, and modern bathrooms. Over $200k in recent capital improvements completed, including a new roof, upgraded electrical panels, and fresh exterior paint—leaving just two units to finish for full value-add execution.Unbeatable location on Linden Ave, 1 block off Fremont Ave’s top dining and nightlife, the Burke-Gilman Trail, and Gas Works Park. Walk Score 82 | Bike Score 80. Easy access to Aurora Ave & downtown Seattle. Outstanding cash flow potential in a high-demand submarket!
This listing is provided courtesy of NWMLS.
Listing Broker: Real Broker LLC; Coleton Alexander Pantley.