Active
$2,679,000
Price
4,774
SqFt
4,774
SqFt
14309 NE 7th Place
Bellevue, Washington WA98007
Fantastic investment opportunity to own a spacious Bellevue 4-plex in sought after Stoneridge community. Wonderfully located between schools, close to dwntn Bellevue, shopping, bus & easy access to I-90 & I-405. Unit 1 & 2 feature townhome style layout w/2 beds & 1.5 baths and garden patios. Unit 1 radiates cool urban vibes w/brick wall in living. 1/2 bath & laundry on main w/2 beds + full bath up. Unit 3 is large & one level. It features 3 beds & 2 baths, updated floors, & kitchen counters. Dining & kitchen overlook yard, perfect for garden & play. Unit 4 is light-filled 2 bed/1 bath flat over garages w/updated flooring & balcony. Each unit includes fireplace, washer & dryer, storage & parking. Excellent rental history & well maintained!
About This Property
Listing ID1934949
Price$2,679,000
StatusActive
SqFt
4,774
Acres
0.188
CountyKing
SubdivisionBellevue
Year Built1970
Property TypeResidential Income
Property Sub TypeMulti-Family
County
King
Property Sub Type
Multi-Family
Property Type
Residential Income
Subdivision
Bellevue
Year Built
1970
Building Area Units
Square Feet
Flooring
Engineered Hardwood, Laminate, Travertine, Vinyl, Carpet
Furnished
Unfurnished
Heating Cooling Type
Central A/C
Interior Features
Central A/C, Wall to Wall Carpet, Laminate Hardwood
Living Area Units
Square Feet
Stories Total
2
Covered Spaces
4
Elevation Units
Feet
Exterior Features
Wood
Foundation Details
Slab
Lot Features
Curbs, Paved, Secluded
Lot Size Square Feet
8190
Lot Size Units
Square Feet
MLS Lot Size Source
Realist - Buyer to verify
Number Of Units Total
4
Open Parking Spaces
4
Parking Total
8
Parking Uncovered Spaces
4
Roof
Flat
Sewer
Sewer Connected
Sewer Company
City of Bellevue
Structure Type
Quadruplex
Style Code
54 - 4-Plex
Units Below Grade
false
Units In Building Total
4
Utilities
High Speed Internet, Sewer Connected, Electricity Available
Water Company
City of Bellevue
Water Sewer Garbage
5100
Water Source
Public
Building Area Total
4774
Country
US
Elementary School
Buyer To Verify
High School
Buyer To Verify
High School District
Bellevue
Middle Or Junior School
Buyer To Verify
MLS Area Major
530 - Bellevue/East Of
Waterfront
no
Zoning Class
Multi-Family
Zoning Jurisdiction
City
Amenities
Storage,Thermal Windows
Green Energy Efficient
Thermal Windows
Mls Status
Active
Offers
Seller intends to review offers upon receipt
Possible Use
Multi-Family
Power Company
PSE
Power Production Type
Electric
Preliminary Title Ordered
yes
Show Map Link
yes
Site Features
Deck, Fenced-Fully, High Speed Internet, Patio
Association Fee
190
Association Fee Frequency
Monthly
Cap Rate
3.2
Electric Expense
160
Gross Adjusted Income
105948
Gross Rent Multiplier
25.01
Gross Scheduled Income
105948
Insurance Expense
2200
Leasable Area
4750
Leasable Area Units
Square Feet
Leased Items
Washer/Dryer
Net Operating Income
84812
Possession
Closing
Sale Type
MLS
Seller Disclosure
Provided
Special Listing Conditions
None
Tax Annual Amount
13676
Tax Year
2021
Total Expenses
21136
Total Monthly Income
8829
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14309 NE 7th Place Bellevue, WA 98007
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