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
Show Map Link
yes
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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