6321 Northeast 181st Street, Unit 110

Kenmore, WA 98028

$3,503,000
Last Sold Price
19
Beds
11
Baths
9,145 Sq. Ft.
$383 / Sq. Ft.
9,145
Sq. Ft.
$383
per Sq. Ft.

Description

Lake Washington View Apartment Building, Future appreciation! 4.1% Cap Rate! room to increase income,10 Units,100% occupied,rare opportunity to own this view building,great mix of (7)two bedroom/1 bath (2) one bedroom units (3) townhouse style(1)Three bedroom unit, all units with lake view,plenty of parking and storage,land value will sky rocket,close to Bothell UW/Seattle UW. The property was extensively renovated in 2015 to current standards. Over $600,000 spent on renovations. Prof. Management...Lake Washington View Apartment Building, Future appreciation! 4.1% Cap Rate! room to increase income,10 Units,100% occupied,rare opportunity to own this view building,great mix of (7)two bedroom/1 bath (2) one bedroom units (3) townhouse style(1)Three bedroom unit, all units with lake view,plenty of parking and storage,land value will sky rocket,close to Bothell UW/Seattle UW. The property was extensively renovated in 2015 to current standards. Over $600,000 spent on renovations. Prof. Management in place,turnkey,no delinquencies.

Property Details for 6321 Northeast 181st Street, Unit 110

Community Name
Kenmore
School District
Northshore
View
City, Lake, Mountain(s), Territorial
Number of Assigned Spaces
17
Total Covered Parking
0
Entry Date
04-09-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

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LISTING UPDATED: 06/14/2021 01:58 PM

Property Details for 6321 Northeast 181st Street, Unit 110

StatusSold
MLS #1753063
Days on Market19
Cumulative Days on Market19
Taxes$36,376 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1966
Lot Size0.51 AC / 22,369 SF
CountyKing County

Location

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Virtual Tour

Building Information for 6321 Northeast 181st Street, Unit 110

Stories2Residences10Year Built1966Building Size-Lot Size0.51 AC / 22,369 SF

Payment Calculator

$22,149 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,117

Property Taxes

$3,031

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6321 Northeast 181st Street, Unit 110

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Cable TV, Deck
  • Area: 600 - Juanita/Woodinville
  • Elementary School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: Exit 175 R on 145th street, left on Bothell Way NE, L on 63rd, R on 181st,building on R
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 17.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Vinyl Plank
  • Amenities: Basement,See Remarks,Storage
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: Yes
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard,Wall
  • Water Source: Public
  • Water/Sewer/Garbage: 11571
  • Power Production Type: Electric
  • Utilities: Cable Connected, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2015
  • Photos Count: 24
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: realist
  • Parcel Number Free Text: 6181700100
  • Building Condition: Good
  • Calculated Square Footage: 9145
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 9145.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 17
  • Number of Stories in Building: 2
  • Unit Number: 1-10
  • Vacancy Rate: 1
  • Number Of Units Total: 10
  • Units Below Grade: false
  • Units In Building Total: 10
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 84805
  • Gross Adjusted Income: 226603
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $228,892
  • Insurance Expense: $7,353
  • Net Operating Income: $141,798
  • Other Expenses: $29,505
  • Total Monthly Income: 19074
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 880
  • Rent Unit 1: $1,700.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1287
  • Rent Unit 2: $2,295.00
  • Bedrooms Unit 2: 3
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 663
  • Rent Unit 3: $1,550.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 880
  • Rent Unit 4: $1,869.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 880
  • Rent Unit 5: $1,800.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 880
  • Rent Unit 6: $1,869.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 880
  • Rent Unit 7: $1,775.00
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 880
  • Rent Unit 8: $1,880.00
  • Bedrooms Unit 8: 2
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 9
  • Washer/Dryer Unit 9: true
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 880
  • Rent Unit 9: $1,750.00
  • Bedrooms Unit 9: 2
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 10
  • Washer/Dryer Unit 10: true
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 663
  • Rent Unit 10: $1,395.00
  • Bedrooms Unit 10: 1
  • Bathrooms Unit 10: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 8773.0
  • Leasable Area Units: Square Feet

Property History for 6321 Northeast 181st Street, Unit 110

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 6321 Northeast 181st Street, Unit 110

This home is within Northshore School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Kenmore Elementary School
PublicPK to 5

Kenmore Middle School
Public6 to 8

Inglemoor High School
Public9 to 12

Northshore Online School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.