125 108th Ave SE

    Bellevue, WA 98004
    • $8,500,000
    • STATUS: Pending Feasibility
    • ON SITE: 13 days
    • ID#: 1538382
    Under Contract
    UPDATED: 61 min ago
    $8,500,000
    • 0
      BEDS
    • 0.46
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,890
      SQFT
    • $612
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Homes & Equity Real Estate Grp.

    Description

    Rare multi-family property in the core Bellevue downtown location! Property features 15 spacious apartments with large decks, carports, and ample storage spaces. Unit mix consists of 3- Rare Townhome units; 1- Three bedroom unit, 10- Two bedroom units, and 1- One bedroom unit. All units feature large outdoor spaces, such as deck/balconies or backyards! Property is walking distance to Bell HS, corporate buildings, like Expedia, Microsoft, Amazon, etc. Close to Parks, shopping and transit centers!

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-11-18T20:15:24.26.

    www.vipteamwa.com/homes/100552390

    125 108th Ave SE Bellevue, WA 98004

    • Price: $8,500,000
    • Status: Pending Feasibility
    • Updated: 61 min ago
    • ID#: 1538382
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.46
    Acres
    13,890
    SQFT
    $612
    $/SQFT
    1960
    Built
    Neighborhood:
    Bellevue
    County:
    King
    Area:
    Bellevue West of 405 & Medina
    Elementary School:
    Medina Elem
    Middle School:
    Buyer To Verify
    High School:
    Bellevue High
    School District:
    Bellevue
    Property Description
    Rare multi-family property in the core Bellevue downtown location! Property features 15 spacious apartments with large decks, carports, and ample storage spaces. Unit mix consists of 3- Rare Townhome units; 1- Three bedroom unit, 10- Two bedroom units, and 1- One bedroom unit. All units feature large outdoor spaces, such as deck/balconies or backyards! Property is walking distance to Bell HS, corporate buildings, like Expedia, Microsoft, Amazon, etc. Close to Parks, shopping and transit centers!
    Exterior Features

    Building Condition Very Good Carport Spaces 15 Exterior Cement/Concrete Foundation Poured ConcreteSee Remarks Garage Spaces 0 Lot Details Paved Street Lot Dimensions 20000 Roof Composition Stories In Building 3 Style 56 - 6-9 Units Total Parking Spaces 25 Uncovered Spaces 25 View City

    Interior Features

    Floor Covering Ceramic TileConcreteFir/SoftwoodHardwood Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 3 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1150 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 750 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 875 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 875 Unit4 Washer Dryer Y Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 875 Unit5 Washer Dryer Y Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 875 Unit6 Washer Dryer Y Units Below Grade N

    Property Features

    Amenities Coin Op Laundry Bank Owned No Cap Rate 3.90 Electrical Expenses 1780 Energy Source Electric EPSEnergy 0 Form17 Exempt General Zoning Classification Multi-Family Gross Adjusted Income 414315 Gross Rent Multiplier 20 Gross Scheduled Income 418500 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 7900 Leased Items None Net Operating Income 333455 New Construction YN No Other Expenses 10500 Possession Closing Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 15 Sewer Sewer Connected Sewer Company City Of Bellevue Site Features Fenced-Partially Tax Amount 34685 Tax Year 2019 Terms Cash Out Third Party Approval Required None Total Expenses EXP 85045 Total Expenses TEX 85045 Total Monthly Income 34875 Unit1 Monthly Rent 2025 Unit2 Monthly Rent 1500 Unit3 Monthly Rent 1650 Unit4 Monthly Rent 1650 Unit5 Monthly Rent 3750 Unit6 Monthly Rent 1750 Vacancy Rate 1 Water Company City Of Bellevue Water Sewer Garbage 30180 Water Source Community Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-11-18T20:15:24.26.

     
    Keller Williams Realty
    1029 E Main Street, Suite 201
    Puyallup WA, 98372
    Listing Courtesy of Homes & Equity Real Estate Grp.