Active
$2,680,000
Price
4,774
SqFt
4,774
SqFt

14507 NE 7th Place

Bellevue, Washington WA98007

Location! hard to find townhouse style 4-plex in Bellevue at desirable Stoneridge. Hops to downtown Bellevue and Microsoft's main campus, on bus line, easy access to I405. Fully occupied, great quality tenants, extremely low vacancies. 3 out of 4 units are updated. each units have 2 parkings, 1 storage room, 3 units have private back yard. Each unit has a fireplace, laundry room, walk-in closets, large bedrooms. low monthly HOA covers garbage, yard & road maintenance. Less than 4 years old roof. Each unit has attached carport + driveway parking. Plus one owner/manager's storage unit. Great potential.

About This Property

Listing ID1917778
Price$2,680,000
StatusActive
SqFt 4,774
Acres 0.202
CountyKing
SubdivisionEast Bellevue
Year Built1970
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision East Bellevue
Year Built 1970
Building Area Units Square Feet
Furnished Unfurnished
Heating Cooling Type Baseboard
Living Area Units Square Feet
Stories Total 2
Carport Spaces 4
Elevation Units Feet
Exterior Features Wood
Foundation Details Poured Concrete
Lot Features Corner Lot, Curbs, Paved, Sidewalk
Lot Size Square Feet 8805
Lot Size Units Square Feet
MLS Lot Size Source public
Number Of Units Total 4
Open Parking Spaces 4
Parking Total 8
Parking Uncovered Spaces 4
Roof Flat, Torch Down
Sewer Sewer Connected
Sewer Company Bellevue City
Structure Type Quadruplex
Style Code 54 - 4-Plex
Units Below Grade false
Units In Building Total 4
Utilities Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
Water Company bellevue city
Water Sewer Garbage 5017
Water Source Public
Building Area Total 4774
Country US
Elementary School Lake Hills Elem
High School Sammamish Snr High
High School District Bellevue
Middle Or Junior School Odle Mid
MLS Area Major 530 - Bellevue/East Of
Waterfront no
Zoning Jurisdiction County
Amenities Storage
Effective Year Built Source Public Records
First Right Of Refusal no
Mls Status Active
Offers Seller intends to review offers upon receipt
Power Company PSE
Power Production Type Electric
Preliminary Title Ordered yes
Property Condition Good
Site Features Cable TV, Deck, Fenced-Fully, High Speed Internet
Year Built Effective 1970
Association Fee 190
Association Fee Frequency Monthly
Cap Rate 4.03
Electric Expense 2200
Gross Adjusted Income 95368
Gross Rent Multiplier 26
Gross Scheduled Income 120960
Insurance Expense 3106
Leasable Area 4774
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 108137
Other Expense 2500
Possession Closing, Tenant's Rights
Sale Type MLS
Seller Disclosure Provided
Special Listing Conditions None
Tax Annual Amount 12769
Tax Year 2022
Total Expenses 25592
Total Monthly Income 10080

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14507 NE 7th Place Bellevue, WA 98007

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