427 7th Avenue, Kirkland, WA 98033
- $1,980,000
- 2,080
- SqFt
Listing courtesy of Windermere RE West Campus Inc. Selling Office: Windermere Real Estate Midtown.
- Sold Price
- $1,980,000
- List Price
- $2,099,950
- Status
- SOLD
- MLS#
- 2151804
- Closing Date
- Jan 19, 2024
- Days on Market
- 129
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,080
- Area Total SqFt
- 2080
- Annual Tax Ammount
- 11399.65
- Lot Size (sq ft)
- 8,250
- Sewer
- Sewer Connected
Property Description
This fantastic Kirkland duplex is in a prime location! Fantastic potential both as an existing multi-family investment and or as a great buildable lot for a homesite. Walking distance to vibrant downtown Kirkland and central to all the local amenities. New zoning provisions for greater density! (4-6 units possible). Lot also has potential for short plat (previously approved in 2008) for two residential lots. Walk to lake and park. Just minutes to Google HQ, walking & biking trails, shopping, 405 & future light rail. Lake Washington School District! Incredible upside potential for cap rates. Each unit is 2 bed, 1.5 bath w/ large garages soon to be vacant. Outstanding location in a highly desirable area. Don't miss out on this one!
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Additional Information
- List Date
- 2023-09-12 00:00:00
- Community
- Kirkland
- Net Operating Income
- $20,670
- Gross Adjusted Income
- $37,080
- Gross Scheduled Income
- $37,080
- Insurance Expenses
- $1,761
- Water/Sewer/Garbage Expenses
- $150
- Gross Rent Multiplier
- 61.89
- Total Expenses
- $16,760
- Total Number of Units
- 2
- Unit Name
- 427
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1985
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Gas Available, High Speed Internet, Patio
- Electric Expenses
- 100
- Other Expenses
- 3250
- Energy Source
- Electric
- School District
- Lake Washington
- Elementary School
- Peter Kirk Elementary
- Middle School
- Kirkland Middle
- High School
- Lake Wash High
- Gross Scheduled Income
- $37,080
- Gross Adjusted Income
- $37,080
- Tax Year
- 2022
- Insurance Expense
- $1,761
- W/S/G Expenses
- $150
- Total Expenses
- $16,760
- Net Operating Income
- $20,670
- Gross Rent Multiplier
- 61.89
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.