Professionally managed building with five spacious 3-bedroom, 2-bath units, offering functional layouts and in-unit laundry. All units have utility bill-back implemented for increased NOI. The property sits on a generous lot with potential for future value-add. 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. Nearby 3 bed condos are priced around $500,000. Full due diligence package upon request.
Listing Provided Courtesy of Adrian Chu, Specialty Real Estate Group
General Information
NWM2412632
Multi Family
2
DOM
0.36 acres
5460
1977
Multi-F
King
Kenmore Elem
Northshore Midd
Inglemoor Hs
Residential Incom
Multi Family
Listing Provided Courtesy of Adrian Chu, Specialty Real Estate Group
Krishna Realty data last checked: Jul 27, 2025 17:25 | Listing last modified Jul 27, 2025 17:15,
Source:
Professionally managed building with five spacious 3-bedroom, 2-bath units, offering functional layouts and in-unit laundry. All units have utility bill-back implemented for increased NOI. The property sits on a generous lot with potential for future value-add. 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. Nearby 3 bed condos are priced around $500,000. Full due diligence package upon request.
