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.
Sold
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
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#: 2214734

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