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  • Listed by: 

    Michael Urquhart,

    Paragon Real Estate Advisors,

    Ben Douglas,

    Paragon Real Estate Advisors

    $1,165,000

    6103 -6107 NE 194th Place, Kenmore, WA 98028

    --beds
    --baths
    3,170sqft
    Quadruplex
    Built in 1971
    -- sqft lot
    $1,141,500 Zestimate®
    $368/sqft
    $3,144 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: September 05, 2024 at 05:48am

    Listed by:

    Michael Urquhart,

    Paragon Real Estate Advisors,

    Ben Douglas,

    Paragon Real Estate Advisors

    Bought with:

    Arthur Castleton

    Skyline Properties, Inc.

    Source: NWMLS,MLS#: 2214734MLS Logo

    Facts & features

    Interior

    Heating
    • Radiant
    Cooling
    • None
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 3,170
    • Total interior livable area: 3,170 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Open
    • Carport spaces: 4
    • Uncovered spaces: 3
    Lot
    • Size: 9,600 sqft
    Details
    • Parcel number: 4140100030
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick, Wood Products
    • Roof: Built-Up
    Condition
    • Year built: 1971

    Utilities & green energy

    • Sewer: Sewer Connected

    Community & neighborhood

    Location
    • Region: Kenmore
    • Subdivision: Kenmore

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 355 days
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $1,141,500
    2% more+ $22,830
    With Zillow Showcase(estimated)
    $1,164,330