WA > Kirkland > Totem Lake
Kirkland, WA 98034,12607 NE 119th ST
Kirkland, WA 98034,12607 NE 119th ST
Kirkland, WA 98034,12607 NE 119th ST
Kirkland, WA 98034,12607 NE 119th ST
Kirkland, WA 98034,12607 NE 119th ST
Kirkland, WA 98034,12607 NE 119th ST
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Jim Ecklund

Jim Ecklund

+1(406) 315-1186
Listed by Paragon Real Estate Advisors Ben Douglas 
$ 2,050,000
Est. payment | /mo

8 Baths

4,344 SqFt

Save
$ 2,050,000
Est. payment | /mo
Save

8 Baths

4,344 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,344 sqft

Price per Sqft $471

Subdivision Totem Lake

MLS Listing ID 2447581

Style 55 - 5-9 Units

Year Built 1982

Annual Tax Amount $15,445

Lot Size 10,122 Sqft

Property Sub-Type Multi Family

Property Description

8 Unit multifamily property situated in the heart of Kirkland's rapidly growing Totem Lake neighborhood. All large studio units, with lofted sleeping areas and in-unit washer and dryers. Offers a compelling value-add opportunity. With light renovations and strategic repositioning, investors have the potential to increase NOI by approximately 30%, capitalizing on the strong rental demand and premium achievable rents in this submarket. Its prime location and unique unit layouts provide a strong foundation for both immediate income and long-term appreciation.

Location

State WA

County King

Area 560 - Kirkland/Bridle Trails

Interior

Flooring Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Jim Ecklund

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(406) 315-1186

jim@ecklundproperties.com

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12607 NE 119th ST