6103 -6107 NE 194th Place, Kenmore WA, 98028
(Active)
$1,225,000
|
3,170 sqft
|
MLS# 2214734
Last Updated: 4/28/2024 8:30 PM
Description for
6103 -6107 NE 194th Place
Kenmore, WA 98028
This property features a unit mix of three 2-bedroom, 1-bathroom units each 850 square feet, and one 620-square-foot 1-bedroom, 1-bathroom unit. With three units having recently undergone some updates and the fourth well-maintained by a long-term tenant, the property is in move-in ready condition. The current rents are approximately 15-25% below market rents, presenting an attractive value-add potential through operational improvements, including implementing a utility billback system. Property is apart of an HOA with the surrounding properties of similar size.
Price
$1,225,000
Kenmore
King
3,170 (approx)
2214734
Active
Description
This property features a unit mix of three 2-bedroom, 1-bathroom units each 850 square feet, and one 620-square-foot 1-bedroom, 1-bathroom unit. With three units having recently undergone some updates and the fourth well-maintained by a long-term tenant, the property is in move-in ready condition. The current rents are approximately 15-25% below market rents, presenting an attractive value-add potential through operational improvements, including implementing a utility billback system. Property is apart of an HOA with the surrounding properties of similar size.
Listing Information
| Property Type: Fourplex, Multi-Family, 2 Story | ||
| 0.22 Acres | 3,170 (approx) | 1971 |
| Yes-4 spaces | 2 | Brick,Wood |
Kenmore
Sewer Connected
Neighborhood
School Information
| District: Northshore | ||
Room Information
Interior Features
None
Electric Heating,
Radiant
Exterior / Lot Features
4 Carport Spaces,
7 Parking Spaces,
Wood, Brick
Built Up
Driving Directions
From Downtown Seattle, get on I-5 N from 4th Ave. Follow I-5 N to 5th Ave NE. Take exit 175 from I-5 N. Take NE 145th St and Bothell Way NE to NE 194th Pl in Kenmore.
Financial Considerations
| 4140100030 |
| $11,450 |
Conventional
Listing Price History
Kenmore Real Estate
Kenmore is located in Washington. Kenmore, Washington 98028 has a population of 25,024.
The median household income in Kenmore, Washington 98028 is $117,366. The median household income for the surrounding county is $102,088 compared to the national median of $66,222. The median age of people living in Kenmore 98028 is 41 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/26/2024 | Active | $1,225,000 USD |
|