3636 Dayton Avenue N, Seattle, WA 98103

$5,100,000
9,660
SqFt

Listing courtesy of Capstone Commercial.

List Price
$5,100,000
Status
ACTIVE
MLS#
2195737
Price Change
▼ $300,000 1706921895
Days on Market
227
Style
56 - 10+ Units
Finished SqFt
9,660
Area Total SqFt
9660
Annual Tax Ammount
36478
Lot Size (sq ft)
10,000
Sewer
Available

Property Description

The Standard at Fremont is a 13-unit apartment gem nestled in the heart of Fremont. This timeless building features nine spacious one-bedroom apartments, each boasting 660 sq. ft., and four inviting two-bedroom homes, spanning 775 sq. ft. Condominium level quality awaits in every unit, as they have all been thoughtfully renovated with high-end finishes. All the units have been upgraded to include the convenience of in-unit laundry, custom quartz countertops, charming hardwood floors, and beautiful designer bathrooms and kitchens. Parking is a breeze, with nine covered spots in the front and three surface parking spaces behind the building, ensuring the utmost convenience for tenants. Unbeatable Fremont location.

Additional Information

List Date
2023-10-06 20:29:55
Community
Fremont
Net Operating Income
$230,497
Gross Adjusted Income
$310,234
Gross Scheduled Income
$323,160
Total Monthly Income
$26,930
Insurance Expenses
$5,631
Water/Sewer/Garbage Expenses
$15,402
Gross Rent Multiplier
15.78
Total Expenses
$79,737
Cap Rate
4.52
Vacancy Rate
4
Total Number of Units
13
Unit Name
3636
Potential Terms
Cash Out, Conventional, See Remarks
Year Built
1967
View
City, Partial, Territorial
Roof
Flat
Other Expenses
22226
Energy Source
Electric
School District
Seattle
Total Monthly Income
$26,930
Gross Scheduled Income
$323,160
Vacancy Rate
4
Gross Adjusted Income
$310,234
Tax Year
2022
Insurance Expense
$5,631
W/S/G Expenses
$15,402
Total Expenses
$79,737
Net Operating Income
$230,497
Gross Rent Multiplier
15.78
Cap Rate
4.52
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