This well-maintained 5-unit apartment building is ideally situated in the heart of Fremont, offering a prime opportunity to capitalize on Seattle's thriving real estate market. Originally built in 1961, the property has been thoughtfully upgraded with high-end renovations, including quartz and granite countertops, stainless steel appliances, new cabinetry, and durable LVP flooring. These modern updates enhance tenant appeal while ensuring long-term value and ease of ownership for investors. Set on a 5,000-square-foot lot zoned LR2 (M), the property features a desirable unit mix of (4) one-bedroom units and (1) two-bedroom unit, with an average unit size of 654 square feet. The recent renovations have resulted in consistently strong rental performance, with an additional 11% upside potential by aligning rents with current market rates. Further revenue opportunities exist through implementing utility bill backs and monetizing the four garage parking spaces. With its unbeatable Fremont location, modernized interiors, and multiple value-add opportunities, this property presents an exceptional investment in one of Seattle’s most sought-after neighborhoods.