505 3rd St - Multi-Family FOR SALE


Kirkland, WA 98033- Norkirk
$2,950,000 USD
425-531-7966
505 3rd St, Kirkland, WA for Sale
$2,950,000 USD
Multi-Family - FOR SALE
1/38
null | Request Cap Rate

505 3rd St
Kirkland, WA 98033
Norkirk


HIGHLIGHTS

  • * Exceptional Location 2 min walk from Downtown Kirkland
  • * Corner Lot / Fully Remodeled Units
  • * Multiple Development Options - Add 4 Units to Existing Duplex / Townhomes/Tiny Homes
  • * Plans and Renderings Available
  • * Long Term Land Development Strategy
  • * Strong Cash Flow w/ Existing Income

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$1,536 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,475,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown Kirkland - 6-Unit Land Development

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,100 SF

ZONING

PLA 7B

APN/PARCEL ID

390010-0105

ASK ABOUT THIS PROPERTY

Jamie LangsfordVenture Real Estate GroupMore Info
425-531-7966

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Jamie LangsfordVenture Real Estate GroupMore Info
425-531-7966

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.