10304 NE 189th Street, Bothell, WA 98011
- $2,533,300
- 6,898
- SqFt
Listing courtesy of Real Property Associates. Selling Office: HomeSmart Real Estate Assoc.
- Sold Price
- $2,533,300
- List Price
- $2,400,000
- Status
- SOLD
- MLS#
- 2266628
- Closing Date
- Aug 20, 2024
- Days on Market
- 8
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Finished SqFt
- 6,898
- Area Total SqFt
- 6898
- Annual Tax Ammount
- 22243
- Lot Size (sq ft)
- 10,791
- Sewer
- Sewer Connected
Property Description
An exceptional investment opportunity, this immaculate 8-unit condo quality apartment building is on a 11,050' corner lot just blocks from the heart of downtown Bothell. Built in 1990, with the same ownership since 1991, it features seven 2 BR/1.5 BTH units and one studio, all with stove/range, refrigerator, dishwasher, microwave and washer/dryer units. The 2BR units also feature private decks and wood-burning fireplaces. The complex features 2-stories of living space above a ground level with secured underground parking garage. Just blocks from downtown Bothell - and easy walk to QFC, Main Street Bothell, BG Trail system & so much more. Excellent for an owner/occupant or as a turn-key investment property.
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Additional Information
- List Date
- 2024-08-12 00:00:00
- Community
- Bothell
- Net Operating Income
- $107,947
- Gross Adjusted Income
- $165,637
- Gross Scheduled Income
- $170,760
- Total Monthly Income
- $14,765
- Insurance Expenses
- $4,300
- Water/Sewer/Garbage Expenses
- $13,127
- Gross Rent Multiplier
- 14.05
- Total Expenses
- $59,683
- Cap Rate
- 4.66
- Vacancy Rate
- 3
- Total Number of Units
- 8
- Unit Name
- 10304
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1990
- Roof
- Composition
- Site Features
- Deck
- Other Expenses
- 20012
- Energy Source
- Electric
- School District
- Northshore
- Elementary School
- Maywood Hills Elem
- Middle School
- Canyon Park Middle School
- High School
- Bothell Hs
- Total Monthly Income
- $14,765
- Gross Scheduled Income
- $170,760
- Vacancy Rate
- 3
- Gross Adjusted Income
- $165,637
- Tax Year
- 2024
- Insurance Expense
- $4,300
- W/S/G Expenses
- $13,127
- Total Expenses
- $59,683
- Net Operating Income
- $107,947
- Gross Rent Multiplier
- 14.05
- Cap Rate
- 4.66
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.