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Residences at 518

$ 3.249.000
518 2nd Street,
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851

The RESIDENCES AT 518 is a gorgeous, newly renovated 10 unit multifamily apartment complex in Kirkland, Washington. It’s in a prime, corner location with territorial and Lake Washington views. Just minutes away from Lake Washington Marina Park, Google Campus, Parkplace

Center, Carillon Point, and a plethora of retail and shopping amenities in downtown Kirkland. Easy, breezy commute for tenants who work in the Bellevue area.

This meticulously renovated complex is the epitome of modern, urban living within a quaint

and quiet neighborhood landscape. Each unit features CAT5 internet connection, stainless steel appliances, contemporary two-tone cabinetry, granite countertops, brushed nickel finishes, and hardwoods to complete the sleek, modern look.

There are six (6) parking spaces in the back of the building but the area can be reconfigured to accommodate 10 spaces. All 10 units within the complex are currently rented.

FEATURES

  • Property Type: Commercial
  • Zoning: RS 5.0
  • Total Units: 10
  • Year Renovated: 2015
  • Stories: 2
  • Bldg Gross SF: 6,356
  • Lot SF: 10,200
  • Cost Per Unit: $324,900
  • Cost Per Foot: $511.17
  • Avg Unit SF: 634
  • Avg Rent/SF: $2.70
  • CAP: 4.19%
  • GRM: 17.93
  • Terms: Cash Out / Financing

SHOWING REQUIREMENTS

  • Appointments Required
  • No Showings w/o Listing Agent Present
  • Do Not Disturb Tenants
  • Do Not Contact Owner Directly
Documents
Address: 518 2nd Street
City:
State/County:
Zip: 98033
Country: United States
Property Id : 19784
Price: $ 3.249.000

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Cal C. Mitchell

Principal / CCIM / Managing Broker / MCNE
Tel: 425.922.2886
Fax: 888.417.1792
Cal@CCMcommercial.com

Contact Me