$2,500,000

12 Beds 8 Baths 4,776 SQFT 0.25 Acres
Type: Multi-Family

11643 91st Place NE
Kirkland, WA 98034

MLS#: 2551023
Presented by: Brink Realty Group and NWMLS

Property Description

 

We are pleased to present Baymount Terrace, 1 4-unit apartment community strategically located at 11643 91st Place NE in Kirkland, Washington. This exceptional multifamily asset offers investors a rare opportunity to acquire a well-maintained residential property in one of the regions strongest rental markets with large 3 bd, 2ba units - very rare and highly desirable units! The property has been meticulously cared for throughout its history and has professional management maintaining accurate current records. Easy to take ownership and continue operations with value-add oppportunities! This community is designated as condominiums on King County Tax Records offering ownership flexibility (buyer to verify). Very close distance to Juanita Beach Park!


 

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
FlooringLaminate, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories3

General

AmenitiesStorage
Building Area Units0 sqft
Building NameBaymount Terrace
Cap Rate3.6
Carport Spaces6
Carport Y/NNo
CityKirkland
CoolingNone
CountyKing
DirectionsFrom I-405 North toward Everett, take exit 20A onto NE 116th St., keep left onto NE 116th St., turn right onto NE 116th Place, turn right onto 91st Place NE, the destination is on your left.
Electric Expense661
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard
High SchoolBuyer To Verify
High School DistrictLake Washington
Insurance Expense3888
Leasable Area4,784 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet11,073 sqft
Lot Size UnitsSquare Feet
MLS Area560 - Kirkland/Bridle Trails
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income88860
New ConstructionNo
Number Of Units Total4
PossessionClosing, Subject To Tenant Rights
Possible UseMulti-Family
Property ConditionVery Good
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksWe are pleased to present Baymount Terrace, 1 4-unit apartment community strategically located at 11643 91st Place NE in Kirkland, Washington. This exceptional multifamily asset offers investors a rar
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameJuanita
Tax Annual Amount$16,518
Tax Year2026
Units Below Gradefalse
Units In Building Total4
ViewLake, Territorial
Water CompanyNorthshore Utility District
Water Sewer Garbage7433
Year Built1978
Zoning DescriptionMulti-Family

Exterior

Building Area Total4,776 sqft
Covered Spaces6
Exterior AmenitiesWood
Foundation DetailsSlab
Irrigation Water Rights Y/NNo
Lot FeaturesDead End Street, Paved
Lot Size Acres0.2542
Parking Uncovered Total0
Site FeaturesPatio
Total Parking6
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School Buyer To Verify Elementary School
High School Buyer To Verify High School
Middle School Buyer To Verify Middle School

  

Similar Properties

$2,500,000

12 Beds 8 Baths 4,776 SQFT 0.25 Acres
Type: Multi-Family

11643 91st Place NE
Kirkland, WA 98034

MLS#: 2551023