$2,050,000

12607 NE 119th Street, Kirkland, WA 98034

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1982
  • Property Lot Size Icon10,123sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

This listing courtesy of Ben Douglas, Paragon Real Estate Advisors

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.

Listing Status:
Active
Listing Office:
Paragon Real Estate Advisors : 206-623-8880
Listing Agent:
Ben Douglas : 206-623-8880
MLS ID:
2447581
  • Flooring: LaminateVinylCarpet
  • A/C: None
  • Heating: Baseboard
  • Fireplace: Fireplaces: 0
  • General: WoodWood Products
  • Parking: Parking spaces: 11
  • Roofing: Composition
  • General: 55 - 5-9 UnitsPoured Concrete
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Seattle
  • County: King
  • Zoning: 8063100005
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Ben Douglas, Paragon Real Estate Advisors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bell Elementary School

11212 NE 112th St, Kirkland, WA, 98033

Grades PK-5

0.98 miles away

K

Kamiakin Middle School

14111 132nd Ave NE, Kirkland, WA, 98034

Grades 6-8

1.47 miles away

F

Futures School

10601 NE 132nd St, Kirkland, WA, 98034

Grades 9-12

1.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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