11804 100th Avenue NE, Kirkland, WA 98034
- $1,220,000
- 3,207
- SqFt
Listing courtesy of RE/MAX Northwest Realtors. Selling Office: Allison James Estates & Homes.
- Sold Price
- $1,220,000
- List Price
- $1,090,000
- Status
- SOLD
- MLS#
- 1114298
- Closing Date
- May 26, 2017
- Days on Market
- 2
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,207
- Area Total SqFt
- 3207
- Annual Tax Ammount
- 8796
- Lot Size (sq ft)
- 7,601
- Sewer
- Sewer Connected
Property Description
15.86 Gross Rent Multiplier (GRM) in Kirkland 2 blocks from Juanita Beach Park! Current owner took over this building in 2010. Company has invested significant amounts of money into remodeling the building and securing very stable tenant base. All units are updated, two have full kitchen and bath remodels including cabinets, countertops, deep soaking tubs & custom tile surrounds. All units have updated flooring, doors, lights, heat, W/D, deck, and 2 parking spaces per unit!
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Additional Information
- List Date
- 2017-05-24 00:00:00
- Community
- Juanita
- Net Operating Income
- $53,128
- Gross Adjusted Income
- $68,700
- Gross Scheduled Income
- $68,700
- Total Monthly Income
- $5,725
- Insurance Expenses
- $1,008
- Water/Sewer/Garbage Expenses
- $4,050
- Gross Rent Multiplier
- 15
- Total Expenses
- $15,571
- Cap Rate
- 4.87
- Total Number of Units
- 4
- Unit Name
- 11804
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1977
- Roof
- Composition
- Site Features
- Cable TV, Deck
- Other Expenses
- 1716
- School District
- Lake Washington
- Total Monthly Income
- $5,725
- Gross Scheduled Income
- $68,700
- Gross Adjusted Income
- $68,700
- Tax Year
- 2017
- Insurance Expense
- $1,008
- W/S/G Expenses
- $4,050
- Total Expenses
- $15,571
- Net Operating Income
- $53,128
- Gross Rent Multiplier
- 15
- Cap Rate
- 4.87
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