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    6321 NE 181st Street

    Kenmore, WA 98028
    • $3,450,000
    • STATUS: Pending
    • ON SITE: 57 days
    • ID#: 1753063
    Under Contract
    UPDATED: 77 min ago
    $3,450,000
    • 0
      BEDS
    • 0.51
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Information

    Elementary School:
    School District:
    Listing Courtesy of Sterling Johnston Real Estate.

    Description

    Lake Washington View Apartment Building, Future appreciation!! 4.1% Cap Rate!room to increase income,10 Units,100% occupied,rare opportunity to own this view building,great mix of (7)two bedroom/1 bath (2) one bedroom units (3) townhouse style(1)Three bedroom unit, all units with lake view,plenty of parking and storage,land value will sky rocket,close to Bothell UW/Seattle UW. The property was extensively renovated in 2015 to current standards.Over $600,000 spent on renovations.Prof.Management in place,turnkey,no delinquencies.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-13T00:14:08.067.

    www.recordrre.com/homes/116183723
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    6321 NE 181st Street Kenmore, WA 98028

    • Price: $3,450,000
    • Status: Pending
    • Updated: 77 min ago
    • ID#: 1753063
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.51
    Acres
    1966
    Built
    Neighborhood:
    Kenmore
    County:
    King
    Area:
    Kirkland/Juanita/Woodinville
    Elementary School:
    Buyer To Verify
    School District:
    Northshore
    Property Description
    Lake Washington View Apartment Building, Future appreciation!! 4.1% Cap Rate!room to increase income,10 Units,100% occupied,rare opportunity to own this view building,great mix of (7)two bedroom/1 bath (2) one bedroom units (3) townhouse style(1)Three bedroom unit, all units with lake view,plenty of parking and storage,land value will sky rocket,close to Bothell UW/Seattle UW. The property was extensively renovated in 2015 to current standards.Over $600,000 spent on renovations.Prof.Management in place,turnkey,no delinquencies.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features PavedSidewalk Open Parking Spaces 17 Open Parking YN Yes Parking Total 17 Parking Uncovered Spaces 17 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Flooring Ceramic TileVinyl Plank Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type BaseboardWall Heating YN Yes

    Property Features

    Association Fee 0 Association Fee Frequency Annually Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 228892 Insurance Expense 7353 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 141798 New Construction YN No Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeck Special Listing Conditions None Tax Annual Amount 36376 Tax Year 2021 Total Expenses 84805 Units In Building Total 10 Utilities Cable ConnectedSewer ConnectedElectricity Available Water Sewer Garbage 11571 Water Source Public Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Engel & Völkers Federal Way and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-13T00:14:08.067.

     
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    Engel & Völkers Federal Way
    2012 S. 320th St. Suite A
    Federal Way WA, 98003
    Listing Courtesy of Sterling Johnston Real Estate.