19214 61st Ave NE, Kenmore, WA 98028

$1,100,000
3,878
SqFt

Listing courtesy of Redfin Corp..

List Price
$1,100,000
Status
ACTIVE
MLS#
1525148
Price Change
▼ $100,000 1571265664
Days on Market
9
Style
54 - 4-Plex
Building Condition
['Good']
Finished SqFt
3,878
Lot Size (sq ft)
12,100

Property Description

Fantastic opportunity to own a fully rented four-plex in Kenmore. 0% vacancy rate in the past year. The building has a newer roof and units are townhouse style, so no upstairs neighbors. Conveniently located, near Burke Gilman trail, Park & Ride, Shopping and Schools. All units have fireplaces and face out to a lovely creek area for privacy and a feel of nature with decks and patios. Close to Bothell Way and Bus 522. No sign on property, Do not disturb tenants.

Additional Information

List Date
2019-10-09 00:00:00
Community
Kenmore
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1976
Total Parking
8
Waterfront
Yes
View
See Remarks, Territorial
Exterior
Wood Products
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet, Patio
Lot Details
Corner Lot, Paved Street
School District
Northshore
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,485
Gross Scheduled Income
$65,820
Gross Adjusted Income
$65,820
Annual Taxes
$10,505
Tax Year
2018
Insurance Expense
$1,426
W/S/G Expenses
$5,280
Total Expenses
$35,452
Net Operating Income
$30,368
Gross Rent Multiplier
18
Cap Rate
2

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.50
Unit 1 Size
900
Unit 1 Rent
$1,295
Unit 2 Beds
2
Unit 2 Baths
1.50
Unit 2 Size
900
Unit 2 Rent
$1,400
Unit 3 Beds
2
Unit 3 Baths
1.50
Unit 3 Size
900
Unit 3 Rent
$1,395
Unit 4 Beds
2
Unit 4 Baths
1.50
Unit 4 Size
900
Unit 4 Rent
$1,395
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