9226 Fremont Avenue N Seattle WA 98103 MLS #NWM2309451

Listing Provided Courtesy of Northmarq Commercial, LLC
We are pleased to present Abel Court Apartments in Seattle’s Greenwood neighborhood. Constructed in 1989, Abel Court features one 1-bedroom unit and six 2-bedroom/2 bath units averaging 839 square feet. Four of the units have undergone full renovations including the addition of in-unit laundry, opening up an opportunity for an investor to renovate the remaining three units to achieve a +20%increase in rental income. The property features nine garage parking spaces, private balconies, fireplaces, and common laundry facilities. Abel Court benefits from its location off Fremont Avenue. The property is only half a mile from the core of Greenwood, featuring many locally renowned restaurants and entertainment.

Property Details

Price:
$2,200,000
MLS #:
NWM2309451
Status:
Active
Beds:
0
Baths:
0
Address:
9226 Fremont Avenue N
Type:
Multi Family
Subtype:
Multi-Family
Subdivision:
Greenwood
Neighborhood:
705 – Ballard/Greenlake
City:
Seattle
Listed Date:
Nov 8, 2024
State:
WA
ZIP:
98103
Lot Size:
6,300 sqft / 0.14 acres (approx)
Year Built:
1989
Units:
7

Schools

School District:
Seattle
Elementary School:
Daniel Bagley
Middle School:
Robert Eagle Staff Middle School
High School:
Ingraham High

Interior

Cooling
Forced Air
Flooring
Vinyl Plank
Heating
Forced Air

Exterior

Exterior Features
Wood
Parking Spots
9
Roof
Composition

Financial

Net Operating Income
$116,200
Tax Year
2024
Taxes
$17,975

Map

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