8 Unit multifamily property situated in the heart of Kirkland’s rapidly growing Totem Lake neighborhood. All large studio units, with lofted sleeping areas and in-unit washer and dryers. Offers a compelling value-add opportunity. With light renovations and strategic repositioning, investors have the potential to increase NOI by approximately 30%, capitalizing on the strong rental demand and premium achievable rents in this submarket. Its prime location and unique unit layouts provide a strong foundation for both immediate income and long-term appreciation.
Active
Listed by:
Ben Douglas,
Paragon Real Estate Advisors,
Michael Urquhart,
Paragon Real Estate Advisors
$2,050,000
12607 NE 119th Street, Kirkland, WA 98034
--beds
8baths
4,344sqft
Est.:
Multi Family
Built in 1982
-- sqft lot
$1,876,500 Zestimate®
$472/sqft
$-- HOA
What's special
Lofted sleeping areasLarge studio unitsIn-unit washer and dryers
- 1 day |
- 101 |
- 7 |
- Loading
- Loading