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  • Listed by: Paragon Real Estate Advisors • Michael Urquhart
    Bought with: Skyline Properties, Inc.
    $1,165,000

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

    --beds
    --baths
    3,170sqft
    Quadruplex, Multi Family
    Built in 1971
    -- sqft lot
    $1,170,300 Zestimate®
    $368/sqft
    $2,748 Estimated rent

    Home value

    $1,170,300

    $1.08M - $1.26M

    $2,748/mo

    Zestimate® history
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    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:

    Listing updated:

    Listed by:

    Michael Urquhart,

    Paragon Real Estate Advisors,

    Ben Douglas,

    Paragon Real Estate Advisors

    Bought with:

    Arthur Castleton

    Skyline Properties, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2214734MLS Logo

    Facts & features

    Interior

    Heating
    • Radiant, Electric
    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 Square Feet
    Details
    • Parcel number: 4140100030
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 4-Plex
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Brick, Wood Products
    • Roof: Built-Up
    Condition
    • Year built: 1971

    Utilities & green energy

    • Sewer: Sewer Connected

    Community & HOA

    Community
    • Subdivision: Kenmore
    Location
    • Region: Kenmore

    Financial & listing details

    • Price per square foot: $368/sqft
    • Annual tax amount: $11,450
    • Date on market: 6/3/2024
    • Cumulative days on market: 779 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    7/17/2024Sold$1,165,000-4.9%$368/sqft
    Source: NWMLS as distributed by MLS GRID #2214734 Report a problem
    5/9/2024Pending sale$1,225,000$386/sqft
    Source: NWMLS as distributed by MLS GRID #2214734 Report a problem
    3/26/2024Listed for sale$1,225,000$386/sqft
    Source: NWMLS as distributed by MLS GRID #2214734 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 98028

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,170,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,170,300