$2,750,000

0 Beds 0 Baths 2,976 SQFT 0.17 Acres
Type: Multi-Family

8 10th Avenue S
Kirkland, WA 98033

MLS#: 2463371
Presented by: Marketplace Sotheby's Intl Rty and NWMLS

Property Description

 

4-Plex condo building in downtown Kirkland! Fully rented and well maintained - close to lake and right across the Lake St. from the Settler's Landing. Stunning environment with natural beach, gazebo, and splendid sunset. Fine dining, boutique shops, and farmer's Market. A life time Development Opportunity! Downtown Kirkland / Lake Street corridor—corner lot with in-place income and documented redevelopment upside. Per City confirmation (available by request), site is buildable for approx. 3–4 large units totaling 10,000+ sf (assumptions/conditions apply; buyer to verify). Prime walkable waterfront location near Settler’s Landing public dock and downtown amenities. Seller financing and/or loan assumption is available (subject to approval).


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

AmenitiesCoin Op Laundry
Assoc Fee Paid PerNot Applicable
Building Area Units0 sqft
Cap Rate2.75
Carport Spaces4
Carport Y/NNo
CityKirkland
CoolingNone
CountyKing
DirectionsCorner of Lake Street and 10th Ave. S. in downtown Kirkland. Please use street parking.
Electric Expense400
Elementary SchoolLakeview Elem
Fuel Expense0
HOANo
HOA Fee$0
HeatingBaseboard
High SchoolLake Wash High
High School DistrictLake Washington
Insurance Expense1050
Leasable Area2,976 sqft
Listing TermsAssumable, Cash, Owner Will Carry
Living Area0 sqft
Lot Size Square Feet7,365 sqft
Lot Size UnitsSquare Feet
MLS Area560 - Kirkland/Bridle Trails
Middle/Junior High SchoolKirkland Middle
NWM_ShowMapLinkY
Net Operating Income17737
New ConstructionNo
Number Of Units Total4
Open Parking Spaces3
PossessionClosing
Possible UseMulti-Family
Property ConditionGood
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public Remarks4-Plex condo building in downtown Kirkland! Fully rented and well maintained - close to lake and right across the Lake St. from the Settler's Landing. Stunning environment with natural beach, gazebo, a
RoofFlat
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameMoss Bay
Tax Annual Amount$12,608
Tax Year2025
Units Below Gradefalse
Units In Building Total4
ViewCity, Lake, Mountain(s)
Water CompanyCity of Kirkland
Water Sewer Garbage4400
Year Built1967
Zoning DescriptionMulti-Family

Exterior

Building Area Total2,976 sqft
Covered Spaces0
Exterior AmenitiesStucco
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Curbs, Paved, Sidewalk
Lot Number3
Lot Size Acres0.1691
Parking Uncovered Spaces3
Site FeaturesPatio
Total Parking7
Water SourceCommunity, Public
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School Lakeview Elem
High School Lake Wash High
Middle School Kirkland Middle

  

Similar Properties

$2,750,000

0 Beds 0 Baths 2,976 SQFT 0.17 Acres
Type: Multi-Family

8 10th Avenue S
Kirkland, WA 98033

MLS#: 2463371