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Professionally managed building with five spacious 3-bedroom, 2-bath units, offering functional layouts and in-unit laundry. All units have utility billback implemented for increased NOI. The property sits on a generous lot with plenty of parking. Centrally located between I-5 and I-405, tenants enjoy easy commutes and proximity to major job centers. Moments from Downtown Kenmore, UW Bothell, Lake Forest Park Town Center, Alderwood Mall, and the Woodinville Wine District. Rapidly appreciating submarket with high rental demand and low vacancy. Great opportunity for investors seeking stable cash flow and long-term upside. Priced below replacement cost and nearby 3 bed condos are priced around $500,000. Full due diligence package upon request.
- Neighborhood
- Type
- CountyKing
- Area720 - Lake Forest Park
- Tax Amount$17,759
- StatusActive
- Listing #2412632
- Built1977
- Lot Size0.36
- Listed on site5 days
Listed by:
Specialty Real Estate Group
Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-07-31 05:12:23. DMCA
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School Info
- elementary schoolKenmore Elem
- middle schoolNorthshore Middle School
- high schoolInglemoor Hs
Property details
Community Features
- No HOA
- No Adult Community
Exterior features
- No Pool
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