Broker Candice

11211 NE 68th St, Kirkland, WA 98033 (MLS # 1439977)

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Listing provided by Paragon Real Estate Advisors

PRICE $1,800,000
BEDS 10
BATHS 5 baths
HOME SIZE 3,840 sq ft
LOT SIZE 6,500 sqft

Charming 5-unit building well located near the waterfront in Kirkland. This building has had long term tenants and has not been on the market in almost 20 years! Rents in the building have historically been well below market for this area. All 2BD/1BTH units. Building offers 8 on-site parking spaces, tenant storage lockers and peek-a-boo views of Lake Washington. Walking distance to major tech companies like Google and Tableau.

DAYS ON MARKET 10 LAST UPDATED 4/15/2019
YEAR BUILT 1968 COMMUNITY Kirkland
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Lake Washington


ADDITIONAL DETAILS
AMENITIES Coin Op Laundry, Storage
ANNUAL TAXES 14112
APN 1692900041
AREA 560 - Kirkland/Bridle
BANK/REO OWNED N
BATHROOMS1 1.00, 1.00
BATHROOMS2 1.00, 1.00
BATHROOMS3 1.00, 1.00
BATHROOMS4 1.00, 1.00
BATHROOMS5 1.00, 1.00
BATHROOMS6 0.00, 0.00
BEDROOMS1 2
BEDROOMS2 2
BEDROOMS3 2
BEDROOMS4 2
BEDROOMS5 2
BEDROOMS6 0
CAP RATE (NOI / LP) 3.42
DISHWASHER1 Y
DISHWASHER2 Y
DISHWASHER3 Y
DISHWASHER4 Y
DISHWASHER5 Y
ELECRICAL EXPENSES 0
ENERGY SOURCE Electric
EXTERIOR Wood, Wood Products
FORM 17 Provided
FOUNDATION Poured Concrete
GENERAL ZONING Multi-Family, Residential
GROSS ADJUSTED INCOME 87649
GROSS RENT MULTIPLIER 19
GROSS SCHEDULED INCOME 90360
HEATING AND COOLING Baseboard
HEATING EXPENSES 0
HOME OWNER DUES 0
INSURANCE EXPENSES 1691
LEASED ITEMS None
NET OPERATING INCOME 61350
OFFERS Reviewed on receipt
OTHER EXPENSES 5700
POSSESION Closing, Sub. Tenant's Rights
POTENTIAL TERMS Cash Out
PROPERTY TYPE MULT
RANGE/OVEN1 Y
RANGE/OVEN2 Y
RANGE/OVEN3 Y
RANGE/OVEN4 Y
RANGE/OVEN5 Y
REFRIGERATOR1 Y
REFRIGERATOR2 Y
REFRIGERATOR3 Y
REFRIGERATOR4 Y
REFRIGERATOR5 Y
ROOF Composition
SEWER Sewer Connected
SQUARE FEET UNIT 1 768
SQUARE FEET UNIT 2 768
SQUARE FEET UNIT 3 768
SQUARE FEET UNIT 4 768
SQUARE FEET UNIT 5 768
SQUARE FEET UNIT 6 0
STYLE 55 - 5-9 Units
TAX YEAR 2018
TOTAL EXPENSES 26299
TOTAL MONTHLY INCOME 7530
TOTAL NUMBER OF PARKING SPACES 8
UNITS BELOW GRADE N
VACANCY RATE 3
WASHER/DRYER1 N
WASHER/DRYER2 N
WASHER/DRYER3 N
WASHER/DRYER4 N
WASHER/DRYER5 N
Listing provided by Paragon Real Estate Advisors

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2019 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by RE/MAX Junction and should be verified by the buyer.
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ZESTIMATE
11211 NE 68th St, Kirkland, WA

RENT ZESTIMATE
$ / mo.  11211 NE 68th St, Kirkland, WA

52 Somewhat Walkable



 
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