Rare mixed-use investment opportunity featuring adjacent duplex and commercial office buildings in the heart of Kenmore. Strong in-place income with additional upside potential and future redevelopment opportunities (buyer to verify development potential and zoning capacity to their own satisfaction). The duplex includes two 2-bedroom, 1-bath units with laminate flooring, wood… Read More cabinetry, in-unit washer/dryers, and a new roof installed last year. Upper unit offers Lake Washington views and a single-family-home feel, while the lower daylight unit provides rental upside with below-market rents. Additional income potential from detached storage sheds currently not rented. The adjacent fully occupied commercial/medical office building features structured annual rent increases and major HVAC upgrades completed last year including two new furnaces and two new heat pumps. Flexible office, medical, retail, or service-oriented layout with excellent visibility and signage opportunity. Approximately 17 total off-street parking spaces. Prime walkable location near restaurants, parks, transit, SR-522, and the vibrant Kenmore commercial district. Read Less
Listing courtesy of Quantum Real Estate
Listing Snapshot
Cumulative Days On Market
0
Days on Website
0
Last Updated
Property Type
Quadruplex
Square Ft.
4,140
Lot Size
0.29 Acres
Year Built
1952
Property Tax
$16,287
MLS Number
2524341
30 Days Snapshot Of 98028
$878k
-5%
(avg) sold price
19
-38%
homes sold
78
+52%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 4140, Building Area Units: Square Feet, Calculated Square Footage: 4140, Elevation Units: Feet, Leasable Area: 3840, Living Area: 0, Number Of Units Total: 0, Stories Total: 2, Structure Type: "Quadruplex", Units In Building Total: 4, Year Built: 1952, Year Built Effective: 1990
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
Confirm your time
Fill in your details and we will contact you to confirm a time.