14508 NE 7th Place, Bellevue, WA 98004

$1,150,000
4,774
SqFt

Listing courtesy of Better Properties Valley Assoc. Selling Office: .

Sold Price
$1,150,000
List Price
$1,200,000
Status
SOLD
MLS#
1070739
Closing Date
Mar 31, 2017
Days on Market
29
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
4,774
Lot Size (sq ft)
8,834

Property Description

Great Location!! Minutes to downtown Bellevue, and Microsoft main campus. Fully occupied, all month to month right now. rents can be raised !! Next door is Bellevue aquatic pool. Just off NE 8th for bus lines. All units have all appliances, fireplaces, outside patios, and a storage unit. One large storage unit for the owners. DO NOT DISTURB THE TENANTS !!

Additional Information

List Date
2017-01-24 00:00:00
Community
Microsoft
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1970
Total Parking
8
Uncovered Parking
4
View
Territorial
Exterior
Wood
Roof
Torch Down
Site Features
Cable TV, Fenced-Partially, Outbuildings
Lot Details
Curbs, Sidewalk
School District
Bellevue
Elementary School
Stevenson Elem
Middle School
Odle Mid
High School
Sammamish Snr High
Total Monthly Income
$5,600
Gross Scheduled Income
$67,200
Gross Adjusted Income
$55,964
Annual Taxes
$7,889
Tax Year
2014
Insurance Expense
$2,627
Total Expenses
$11,236
Net Operating Income
$56,084
Gross Rent Multiplier
6719
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.50
Unit 1 Size
1250
Unit 1 Rent
$1,500
Unit 2 Beds
2
Unit 2 Baths
1.50
Unit 2 Size
1250
Unit 2 Rent
$1,350
Unit 3 Beds
3
Unit 3 Baths
2.00
Unit 3 Size
1300
Unit 3 Rent
$1,700
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
975
Unit 4 Rent
$1,050

Mortgage Calculator

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