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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.
- Neighborhood
- Type
- CountyKing
- Area560 - Kirkland/Bridle Trails
- Tax Amount$15,445
- StatusActive
- Listing #2447581
- Built1982
- Lot Size0.23
- Listed on site5 days
Listed by:
Paragon Real Estate Advisors
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 2025-10-28 03:07:46. DMCA
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Property details
Community Features
- No HOA
- No Adult Community
Exterior features
- No Pool
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