19100 61st AVE NE new to site Save Request In-Person Tour Request Virtual Tour
Kenmore,WA 98028
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,460 sqft
Price per Sqft $283
Subdivision Kenmore
MLS Listing ID 2412632
Style 55 - 5-9 Units
Bedrooms 15
Year Built 1977
Annual Tax Amount $17,759
Lot Size 0.360 Acres
Property Sub-Type Multi Family
Property Description
Professionally managed building with five spacious 3-bedroom, 2-bath units, offering functional layouts and in-unit laundry. All units have utility bill-back implemented for increased NOI. The property sits on a generous lot with potential for future value-add. Plenty of parking. Centrally located between I-5 and I-405, tenants enjoy easy commutes and proximity to major job centers. Moments from Downtown Kenmore, UW Bothell, Lake Forest Park Town Center, Alderwood Mall, and the Woodinville Wine District. Rapidly appreciating submarket with high rental demand and low vacancy. Great opportunity for investors seeking stable cash flow and long-term upside. Nearby 3 bed condos are priced around $500,000. Full due diligence package upon request.
Location
State WA
County King
Area 720 - Lake Forest Park
Interior
Flooring Ceramic Tile,Engineered Hardwood,Carpet
Exterior
Exterior Feature Wood
Amenities Available Cable TV,Deck
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
New Construction No
Schools
Elementary Schools Kenmore Elem
Middle Schools Northshore Middle School
High Schools Inglemoor Hs
School District Northshore
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional