Bought with Realogics Sotheby's Int'l Rlty
$2,600,000
$2,900,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
1510 Market ST Kirkland, WA 98033
3,225 SqFt
Key Details
Sold Price $2,600,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,225 sqft
Price per Sqft $806
Subdivision East Of Market
MLS Listing ID 2001752
Sold Date 07/19/23
Style 54 - 4-Plex
Year Built 1960
Annual Tax Amount $17,600
Lot Size 10,445 Sqft
Property Description
Kirkland's premier neighborhood investment property with prime Market Street location, stable rental income and future “Market Street Corridor” MSC1 zoning development opportunities. Currently hosts an income producing 4-plex w/2-2 BR and 2-1 BR units with stable tenants and rental income renewed annually. Property's exceptional location, lot size and flexible MSC1 zoning provide future redevelopment opportunities including multiple townhomes, condos and/or retail and office space. Seller has obtained professionally drafted architectural feasibility studies that outline future value enhancing redevelopment possibilities.
Location
State WA
County King
Area 560 - Kirkland/Bridle Trails
Interior
Interior Features Ceramic Tile, Wall to Wall Carpet
Flooring Ceramic Tile, Engineered Hardwood, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Metal/Vinyl, See Remarks
Amenities Available Cable TV, Deck, Gas Available, High Speed Internet
View Y/N Yes
View Lake, Mountain(s), Partial, Territorial
Roof Type Flat
Building
Lot Description Alley, Curbs, Paved, Sidewalk, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Peter Kirk Elementary
Middle Schools Kirkland Middle
High Schools Lake Wash High
School District Lake Washington
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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