3221 franklin e

This charming and quaint bungalow (Single-Family residence: 1,814 square feet; two bedroom and one bath) plus an income producing Triplex (4.7% capitalization rate) are located on the same parcel in one of the most sought-after neighborhoods in Seattle. Built in 1927/1995, this asset has multiple real estate strategies when considering this opportunity. The Townhome style Triplex consists of two three-bedroom, two-bath units (approx. 1,000 square feet) and one two-bedroom, two-bath unit (approx. 870 square feet). There is plenty of off-street parking in front of the house and the Triplex has four parking stalls off the paved and well-maintained alley. Please do not disturb tenants.