711 N 35th Street
Seattle, WA 98103
17414 sqft | 0.17 acres | #2360738
Description
he Equinox is a premier investment opportunity in Seattle’s highly desirable Fremont neighborhood. It features 23 apartments and 5 commercial units. A $2.1M capital improvement project in 2024/2025 added a new roof, siding, & an updated lobby. Units include high-end finishes, LVP flooring, SS appliances, and in-unit WD with views of Lake Union. Three large units were converted into 9 studios/SEDUs, with potential for 10 more units through add'l conversions. Five new units are master leased. Income from commercial tenants and a cell tower lease enhance revenue stability. Strong cash flow, diverse income from commercial tenants and a cell tower lease, and expansion potential make this a rare core asset in a high-demand, high-barrier market.
Property Details
- Exterior FeaturesDeck, High Speed Internet, Patio, Rooftop Deck, Sprinkler System
- Lot DescriptionAdjacent to Public Land, Alley, Curbs, Paved, Sidewalk
- InteriorLaminate, Laminate Hardwood, Laminate Tile
- Exterior MaterialsCement Planked, Metal/Vinyl, See Remarks
- ViewCity, Lake, Mountain(s), Partial, See Remarks
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Style56 - 10+ Units
- Date ListedApril 16, 2025
- Property SubtypeMulti Family
- Structure TypeMulti Family
- Original List Price$10,700,000
- Cost10700000
- SubdivisionFremont
- School DistrictSeattle
- Taxes Annual$79,724
- MLS #2360738
- MLS #2360738
- Acres0.1741
- Square Feet17414
- Year Built2001
- CountyKing
- Days on Market (Cumulative)32
- Stories4
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-04-21 16:26:11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Daniel Lim (#NWM115693)
Listing Office: Lee & Associates Commercial RE (#NWM6432)
Interested in Purchasing 711 N 35th Street?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
