Kenmore Fourplex (Status: Available) 1225000

6103, 194th Pl, Kenmore, WA  98028

We are pleased to announce the exclusive listing of the Kenmore Fourplex, a unique investment opportunity nestled in the quiet suburbs of Kenmore. This property features a unit mix of three 2-bedroom, 1-bathroom units each 850 square feet, and one 620-square-foot 1-bedroom, 1-bathroom unit. With three units having recently undergone some updates and the fourth well-maintained by a long-term tenant, the property is in move-in ready condition. The current rents are approximately 15% below market rates, presenting an attractive value-add potential through operational improvements, including implementing a utility billback system. The building systems include Zinsco panels, copper plumbing (Buyer to verify), and 4/5 water tanks are 2018 or newer. Each unit offers residents private outdoor sp

Listing Details

Asset Class: Multi-Family
Year Built: 1971
Building Total Square Feet: 3170
Available Lease Space Square Feet: 3170
Number of Floors: 2
Total Parking Spaces: 0
Local Zoning Information: R6

Listing Courtesy of: Paragon Real Estate Advisors

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.