11727 93rd Avenue NE, Kirkland, WA 98034
- $1,850,000
- 3,680
- SqFt
Listing courtesy of COMPASS. Selling Office: Skyline Properties, Inc..
- Sold Price
- $1,850,000
- List Price
- $2,100,000
- Status
- SOLD
- MLS#
- 2270124
- Closing Date
- Jan 14, 2025
- Days on Market
- 109
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,680
- Area Total SqFt
- 3680
- Annual Tax Ammount
- 13427
- Lot Size (sq ft)
- 26,918
- Sewer
- Sewer Connected
Property Description
Location location location! Discover a remarkable investment property in Kirkland! This fourplex boasts restaurants, charming cafes, and shopping options. It is ideally located within walking distance of Juanita Beach Park. With easy access to the bus line, tenants enjoy excellent mobility. The property has been meticulously maintained and features many recent upgrades, including remodeled kitchens and bathrooms, updated LVP flooring, new windows, and fresh paint throughout. Each spacious unit offers comfortable living with a cozy fireplace. Amenities for each unit include a washer and dryer, a storage room, and two mini-splits installed in 2023 for efficient heating and cooling.
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Additional Information
- List Date
- 2024-09-27 00:00:00
- Community
- Juanita
- Net Operating Income
- $81,659
- Gross Adjusted Income
- $107,400
- Gross Scheduled Income
- $107,400
- Total Monthly Income
- $8,950
- Insurance Expenses
- $3,188
- Water/Sewer/Garbage Expenses
- $5,302
- Gross Rent Multiplier
- 19.55
- Total Expenses
- $26,039
- Cap Rate
- 3.9
- Total Number of Units
- 4
- Unit Name
- 11727
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1979
- View
- Territorial
- Roof
- Flat
- Site Features
- Cable TV, Deck, High Speed Internet, Patio
- Electric Expenses
- 260
- Other Expenses
- 3862
- Energy Source
- Electric
- School District
- Lake Washington
- Total Monthly Income
- $8,950
- Gross Scheduled Income
- $107,400
- Gross Adjusted Income
- $107,400
- Tax Year
- 2024
- Insurance Expense
- $3,188
- W/S/G Expenses
- $5,302
- Total Expenses
- $26,039
- Net Operating Income
- $81,659
- Gross Rent Multiplier
- 19.55
- Cap Rate
- 3.9
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.