14309 NE 7th Place, Bellevue, WA 98007

$2,679,000
4,774
SqFt

Listing courtesy of Redfin.

List Price
$2,679,000
Status
ACTIVE
MLS#
1934949
Days on Market
30
Style
54 - 4-Plex
Finished SqFt
4,774
Area Total SqFt
4774
Lot Size (sq ft)
8,190

Property Description

Fantastic investment opportunity to own a spacious Bellevue 4-plex in sought after Stoneridge community. Wonderfully located between schools, close to dwntn Bellevue, shopping, bus & easy access to I-90 & I-405. Unit 1 & 2 feature townhome style layout w/2 beds & 1.5 baths and garden patios. Unit 1 radiates cool urban vibes w/brick wall in living. 1/2 bath & laundry on main w/2 beds + full bath up. Unit 3 is large & one level. It features 3 beds & 2 baths, updated floors, & kitchen counters. Dining & kitchen overlook yard, perfect for garden & play. Unit 4 is light-filled 2 bed/1 bath flat over garages w/updated flooring & balcony. Each unit includes fireplace, washer & dryer, storage & parking. Excellent rental history & well maintained!

Additional Information

List Date
2022-05-27 16:52:11
Community
Bellevue
Potential Terms
Cash Out, Conventional
Year Built
1970
Roof
Flat
Site Features
Deck, Fenced-Fully, High Speed Internet, Patio
Heating/Cooling Type
Central A/C
Electric Expenses
160
Energy Source
Electric
School District
Bellevue
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$8,829
Gross Scheduled Income
$105,948
Gross Adjusted Income
$105,948
Tax Year
2021
Insurance Expense
$2,200
W/S/G Expenses
$5,100
Total Expenses
$21,136
Net Operating Income
$84,812
Gross Rent Multiplier
25.01
Cap Rate
3.2
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