6461 NE 181st ST, Kenmore, WA 98028
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6461 NE 181st ST, Kenmore, WA 98028
6461 NE 181st ST, Kenmore, WA 98028
6461 NE 181st ST, Kenmore, WA 98028
6461 NE 181st ST, Kenmore, WA 98028
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Listed by:Quantum Real Estate • Dan Wick
$ 1,550,000
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6461 NE 181st ST Kenmore, WA 98028

4,140 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,140 sqft

Price per Sqft $374

Subdivision Kenmore

MLS Listing ID 2524341

Style 54 - 4-Plex

Year Built 1952

Annual Tax Amount $16,287

Lot Size 0.287 Acres

Property Sub-Type Multi Family

Property Description

Rare mixed-use investment opportunity featuring adjacent duplex and commercial office buildings in the heart of Kenmore. Strong in-place income with additional upside potential and future redevelopment opportunities (buyer to verify development potential and zoning capacity to their own satisfaction). The duplex includes two 2-bedroom, 1-bath units with laminate flooring, wood cabinetry, in-unit washer/dryers, and a new roof installed last year. Upper unit offers Lake Washington views and a single-family-home feel, while the lower daylight unit provides rental upside with below-market rents. Additional income potential from detached storage sheds currently not rented. The adjacent fully occupied commercial/medical office building features structured annual rent increases and major HVAC upgrades completed last year including two new furnaces and two new heat pumps. Flexible office, medical, retail, or service-oriented layout with excellent visibility and signage opportunity. Approximately 17 total off-street parking spaces. Prime walkable location near restaurants, parks, transit, SR-522, and the vibrant Kenmore commercial district.

Location

State WA

County King

Area 720 - Lake Forest Park

Interior

Flooring Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Deck, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings

View Y/N Yes

View Lake

Roof Type Composition

Building

Lot Description Value In Land

Sewer Sewer Connected

New Construction No

Schools

School District Northshore

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Northwest MLS (NWMLS)
Leighton Thetford

Leighton Thetford

Agent

+1(206) 900-6251

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6461 NE 181st ST