845 Kirkland Way

Kirkland, WA 98033

$2,950,000
Price
8
Beds
4
Baths
3,456 Sq. Ft.
$854 / Sq. Ft.
3,456
Sq. Ft.
$854
per Sq. Ft.

Description

Premier Kirkland investment property with prime Moss Bay location, stable rental income and meticulously maintained & updated over the years. Currently hosts an income producing 4-plex of 2 BR units with stable tenants. Property’s exceptional location, blocks to Google, freeway, Urban and downtown; steps to CK trail along with lot size and zoning provide future redevelopment opportunities including multiple townhomes, condos, ADU/house combinations, or Co-living homes. Seller has obtained professionally...Premier Kirkland investment property with prime Moss Bay location, stable rental income and meticulously maintained & updated over the years. Currently hosts an income producing 4-plex of 2 BR units with stable tenants. Property’s exceptional location, blocks to Google, freeway, Urban and downtown; steps to CK trail along with lot size and zoning provide future redevelopment opportunities including multiple townhomes, condos, ADU/house combinations, or Co-living homes. Seller has obtained professionally drafted architectural feasibility studies that outline future value enhancing redevelopment possibilities.
  1. Listed by Brenda Nunes • Keller Williams Eastside
  2. Listed by Daniel Nunes • Keller Williams Eastside

Property Details for 845 Kirkland Way

Community Name
Moss Bay
School District
Lake Washington
Number of Assigned Spaces
7
Total Covered Parking
0
Entry Date
03-22-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Keller Williams Eastside
Add your commute
LISTING UPDATED: 03/23/2024 03:06 PM

Property Details for 845 Kirkland Way

StatusActive
MLS #2212126
Days on Market38
Cumulative Days on Market38
Taxes$11,692 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.20 AC / 8,899 SF
CountyKing County

Location

Listing Courtesy of Keller Williams Eastside
Add your commute

Building Information for 845 Kirkland Way

Stories2Residences4Year Built1968Building Size-Lot Size0.20 AC / 8,899 SF

Payment Calculator

$17,074 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,099

Property Taxes

$974

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 845 Kirkland Way

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Deck, Fenced-Fully, High Speed Internet
  • Area: 560 - Kirkland/Bridle Trails
  • Elementary School: Lakeview Elem
  • Middle Or Junior School: Kirkland Middle
  • High School: Lake Wash High
  • Effective Year Built Source: Public Records
  • Directions: From 85th St travel South on Kirkland Way; property on South side 1/3 mile
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 7.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 5739
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Kirkland
  • Water Company: City of Kirkland
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Public records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1992
  • Photos Count: 35
Lot Information
  • Lot Details: Paved
  • Lot Size Dimensions: 84/93X88/126
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 1238900245
  • Building Condition: Good
  • Calculated Square Footage: 3456
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3456.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 7
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 20258.46
  • Gross Adjusted Income: 78600
  • Gross Rent Multiplier: 37.53
  • Gross Scheduled Income: $78,600
  • Insurance Expense: $2,827
  • Net Operating Income: $58,341
  • Other Expenses: $0
  • Total Monthly Income: 4750
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 864
  • Rent Unit 1: $.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 864
  • Rent Unit 2: $1,800.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 864
  • Rent Unit 3: $1,350.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 864
  • Rent Unit 4: $1,600.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3456.0
  • Leasable Area Units: Square Feet

Property History for 845 Kirkland Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 845 Kirkland Way

Taxable ValueLand$667,400Additions$871,600Total$1,539,000
Tax Record2022$11,692 ($974 / month)
Home Facts
Total Finished SqFt3,456 SqFtAbove Ground SqFt3,456 SqFtStories2Lot Size8,899 SqFtStyleMulti-Family Res (5+ Units)Year Built1968Year Renovated1992ZoningRM 3.6CountyKINGAPN123890-0245

Schools near 845 Kirkland Way

This home is within Lake Washington School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 5
Rating
School
Distance
Lakeview Elementary School
PublicK to 5

Kirkland Middle School
Public6 to 8

Lake Washington High School
Public9 to 12

Community School
Public1 to 5

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.

Similar Homes

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845 Kirkland Way is a multi-family home for sale in Kirkland, WA 98033. This property was listed for sale on March 22, 2024 by Keller Williams Eastside, it's currently listed at $2,950,000. This listing's school district is Lake Washington School District. Nearby schools include Lakeview Elementary School, Kirkland Middle School and Lake Washington High School. 845 Kirkland Way is a 8-bed, 4-bath, 3,456 sqft multi-family home built in 1968.

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 Courtesy of Keller Williams Eastside

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.