845 Kirkland Way, Kirkland, WA 98033

$3,250,000
3,456
SqFt

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Listing courtesy of eXp Realty.

List Price
$3,250,000
Status
ACTIVE
MLS#
2535455
Days on Market
273
Style
54 - 4-Plex
Building Condition
Updated/Remodeled
Finished SqFt
3,456
Area Total SqFt
3456
Annual Tax Ammount
13186
Lot Size (sq ft)
8,899
Sewer
Sewer Connected

Property Description

Downtown Kirkland 4-PLEX multi-family property COMPLETELY REMODELED throughout! Interior improvements include new paint, skim coating, solid core doors, trim, closet systems, vinyl windows, beautiful and modern laminate vinyl plank flooring, new blinds, new light fixtures, plumbing fixtures, new interior electrical panels. New radiant heaters (including add on heaters in each kitchen & bathroom). Kitchens feature new cabinets, fresh quartz countertops, stainless steel appliances, garbage disposals, and tile backsplash. Fully remodeled bathrooms with new tubs, sinks, toilets, cabinets, heaters, and tile. Exterior upgrades include new paint, Durable Trex decking & new railing, doors, & refreshed landscaping! All units are rented out.

Additional Information

List Date
2025-10-27 02:28:11
Community
Kirkland
Net Operating Income
$147,230
Gross Adjusted Income
$163,200
Gross Scheduled Income
$163,200
Total Monthly Income
$13,500
Insurance Expenses
$4,800
Water/Sewer/Garbage Expenses
$4,800
Gross Rent Multiplier
21.45
Total Expenses
$22,786
Cap Rate
4.2
Total Number of Units
4
Unit Name
845
Potential Terms
Cash, Conventional
Year Built
1968
View
Territorial
Roof
Flat
Site Features
Cable TV, Deck, Fenced-Fully, High Speed Internet
Energy Source
Electric
School District
Lake Washington
Elementary School
Lakeview Elem
Middle School
Kirkland Middle
High School
Lake Wash High
Total Monthly Income
$13,500
Gross Scheduled Income
$163,200
Gross Adjusted Income
$163,200
Tax Year
2026
Insurance Expense
$4,800
W/S/G Expenses
$4,800
Total Expenses
$22,786
Net Operating Income
$147,230
Gross Rent Multiplier
21.45
Cap Rate
4.2
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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