10915 NE 128th Street, Kirkland, WA 98034
- $1,750,000
- 4,130
- SqFt
Listing courtesy of CPX LLC.
- List Price
- $1,750,000
- Status
- ACTIVE
- MLS#
- 1933974
- Days on Market
- 5
- Style
- 54 - 4-Plex
- Finished SqFt
- 4,130
- Area Total SqFt
- 4130
- Lot Size (sq ft)
- 17,877
Property Description
THE OFFERING is two, side-by-side fourplexes that can be bought together or separately and qualify for residential financing. The properties are located a block from Juanita High School, and less than a mile from I-405 interchange and The Village at Totem Lake. Built in 1990, each building consists of two large 2 bedroom/2 bath units, and two large 3 bedroom/2 bath units each with in-unit laundry. The units have been modestly updated over the years and upside remains in renovating the units further to capture additional rental income. Located in the highly sought-after Eastside, the Juanita Ridge Fourplexes are located within a 15-minute drive of the three major employment and recreational hubs: Kirkland, Bellevue, and Redmond.
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Additional Information
- List Date
- 2022-05-13 16:59:11
- Community
- Juanita
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1990
- Roof
- Composition
- Heating/Cooling Type
- Baseboard
- Other Expenses
- 5600
- Energy Source
- Electric
- School District
- Lake Washington
- Total Monthly Income
- $6,800
- Gross Scheduled Income
- $81,600
- Vacancy Rate
- 3
- Gross Adjusted Income
- $79,152
- Tax Year
- 2022
- Insurance Expense
- $1,600
- W/S/G Expenses
- $6,132
- Total Expenses
- $26,951
- Net Operating Income
- $52,201
- Gross Rent Multiplier
- 21
- Cap Rate
- 3
