NOT LISTED FOR SALE

6321 NE 181st St Unit 1-10 Kenmore, WA 98028

Downtown Kenmore Neighborhood
12 Beds
7 Baths
9,145 Sq Ft
0.51 Acres

Last Sold June 14, 2021

Last sale price $3,503,000 $383 Per Sq Ft

19 Days on Market

Highlights

  • Lake View
  • 0.51 Acre Lot
  • Ceramic Tile Flooring
  • Kenmore Elementary School Rated A-
  • Deck
  • Wood Siding

About This Home

As of June 2021

Lake Washington View Apartment Building, Future appreciation!! 4.1% Cap Rate!room to increase income,10 Units,100% occupied,rare opportunity to own this view building,great mix of (7)two bedroom/1 bath (2) one bedroom units (3) townhouse style(1)Three bedroom unit, all units with lake view,plenty of parking and storage,land value will sky rocket,close to Bothell UW/Seattle UW. The property was extensively renovated in 2015 to current standards.Over $600,000 spent on renovations.Prof.Management in place,turnkey,no delinquencies.

Last Agent to Sell the Property

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 04/09/2021

Skyline Properties, Inc.

Co-Listed By

Dan Swanson

Kidder Mathews License #13533

Last Buyer's Agent

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 04/09/2021

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1753063

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $36,376

Year Built

  • Built in 1966

Lot Details

  • 0.51 Acre Lot
  • Property is in good condition

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 9,145 Sq Ft Home
  • 2-Story Property

Flooring

  • Ceramic Tile
  • Vinyl Plank

Parking

  • 17 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Kenmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6181700100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$36,376

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1966
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 9145
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 316

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank
  • Interior Amenities: Ceramic Tile
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,See Remarks,Storage

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s), Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 17
  • Open Parking: Yes
  • Total Parking Spaces: 17
  • ParkingUncoveredSpaces: 17

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 11571

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Northshore

Lot Info

  • Parcel Number: 6181700100
  • Lot Size Acres: 0.5135
  • Lot Size Sq Ft: 22369
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 19074

Multi Family

  • Gross Scheduled Income: 228892
  • Net Operating Income: 141798
  • Number Of Units Total: 10
  • Insurance Expense: 7353
  • Leasable Area: 8773
  • EnergySource: Electric
  • UnitsInBuildingTotal: 10
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 36376

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $3,503,000 +1.5% $383 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $3,450,000 +11.3% $377 / Sq Ft
06/30/2016 06/30/16 Sold $3,100,000 0.0% $339 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $3,100,000 -- $339 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1753063

Northwest Multiple Listing Service (NWMLS)