The Residences at 518, is a turn-key, 10-unit apartment investment in the heart of Kirkland! This investment opportunity is located in the high-end neighborhood on the shores of Lake Washington. The walkability is excellent and major employers within a mile of the site include Google, Tableau, and Wave Broadband. The Residences at 518 are an apartment investors' dream, with rental upside, stable tenants, easy management, and a highly desirable location.
Listing courtesy of NWMLS / Keller Williams Rlty Bellevue
Last checked:
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Last updated Sep 12, 2023
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MLS# 1302856 —
The Building
Year Built:
1901
Year Built:
2014
Year Built Source:
See Remarks
New Construction:
false
Structure Type:
Multi Family
Exterior Features:
Cement Planked
Roof:
Torch Down
Units In Building Total:
10
Stories Total:
2
Building Area Units:
Square Feet
Interior
Furnished:
Unfurnished
Fireplace:
false
Financial & Terms
Possession:
Closing
Buyer Financing:
Conventional
Location
Latitude:
47.679398
Longitude:
-122.205884
Directions:
I-405 S toward Bellevue/Renton. Exit 18 (NE 85th St). Merge onto NE 85th St. Take the 2nd right onto 6th St. Left onto 7th Ave. Left onto 2nd St. Property on your left.
The Property
Property Type:
Residential Income
Property Sub Type:
Multi-Family
Parcel Number:
3900100005
Lot Features:
Paved,Sidewalk
Lot Size Units:
Square Feet
Lot Size Acres:
0.2342
Lot Size Square Feet:
10200
Lot Size Source:
County Records
Electric On Property:
false
View:
false
Waterfront:
false
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(425) 454-0911
Office phone:
(425) 454-0911
Taxes
TaxYear:
2018
Tax Annual Amount:
24303
The Listing
Special Listing Conditions:
None
Heating & Cooling
Heating:
true
Heating Cooling Type:
Wall
Utilities
Utilities:
Sewer Connected,Electricity Available
Water Source:
Public
Sewer:
Sewer Connected
Sewer Company:
1984
Water Sewer Garbage:
8600
Schools
High School District:
Lake Washington
The Community
Subdivision Name:
East Of Market
Association Fee Frequency:
Annually
Parking
Parking Total:
12
Parking Uncovered Spaces:
12
Open Parking:
true
Open Parking Spaces:
12
Carport:
false
Listing courtesy of NWMLS / Keller Williams Rlty Bellevue
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date
Event
Source
Price
% Change
9/17/18
Sep 17, 2018
Sold
NWMLS
$3,390,000
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No additional history available
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Multifamily
Sold
on 9/17/2018
$3,390,000
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Listing courtesy of NWMLS / Keller Williams Rlty Bellevue
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by Keller Williams Rlty Bellevue and should be verified by the buyer.
Checking…
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Last updated Sep 12, 2023
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