545 Bellevue Wy SE

    Bellevue, WA 98004
    • $7,500,000
    • STATUS: Pending
    • ON SITE: 38 days
    • ID#: 1531365
    Under Contract
    UPDATED: 62 min ago
    $7,500,000
    • 0
      BEDS
    • 0.92
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 21,469
      SQFT
    • $349
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Westlake Associates, Inc..

    Description

    Town & Country Apartments is a 23 (one non-confirming) unit apartment building with a unit mix of 1, 2, and 3 bedroom units spread across a large 40,000 SF lot. 6 units have been updated with new appliances, floors, counters, cabinets, and washer/dryers. Recent replacement of the roof, balconies, signage, landscaping, and 6 units total close to $500,000 of improvements within the last year. The property features a private full-size dog par, individual yards for many units, and ample parking.

    Monthly Payment Calculator



    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 2019-11-22T08:14:03.863.

    www.vipteamwa.com/homes/99947215

    545 Bellevue Wy SE Bellevue, WA 98004

    • Price: $7,500,000
    • Status: Pending
    • Updated: 62 min ago
    • ID#: 1531365
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.92
    Acres
    21,469
    SQFT
    $349
    $/SQFT
    1959
    Built
    Neighborhood:
    Bellevue
    County:
    King
    Area:
    Bellevue West of 405 & Medina
    School District:
    Bellevue
    Property Description
    Town & Country Apartments is a 23 (one non-confirming) unit apartment building with a unit mix of 1, 2, and 3 bedroom units spread across a large 40,000 SF lot. 6 units have been updated with new appliances, floors, counters, cabinets, and washer/dryers. Recent replacement of the roof, balconies, signage, landscaping, and 6 units total close to $500,000 of improvements within the last year. The property features a private full-size dog par, individual yards for many units, and ample parking.
    Exterior Features

    Carport Spaces 9 Exterior Wood Garage Spaces 0 Roof Flat Stories In Building 3 Style 56 - 6-9 Units Total Parking Spaces 33 Uncovered Spaces 24

    Interior Features

    Floor Covering Laminate HardwoodWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 2.00 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Sq Ft 1260 Unit2 Bathrooms 2.00 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Sq Ft 980 Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Sq Ft 864 Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Sq Ft 864 Unit5 Bathrooms 2.00 Unit5 Bedrooms 2 Unit5 Fireplaces 0 Unit5 Sq Ft 980 Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Fireplaces 0 Unit6 Sq Ft 864 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 3.23 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-Family Gross Adjusted Income 418265 Gross Rent Multiplier 18 Gross Scheduled Income 418265 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 5948 Leased Items None Net Operating Income 242200 New Construction YN No Other Expenses 69409 Possession Closing Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 53664 Tax Year 2019 Terms Cash Out Third Party Approval Required None Total Expenses EXP 160317 Total Expenses TEX 160317 Total Monthly Income 34855 Unit1 Monthly Rent 1500 Unit2 Monthly Rent 1875 Unit3 Monthly Rent 1625 Unit4 Monthly Rent 1875 Unit5 Monthly Rent 1500 Unit6 Monthly Rent 2000 Vacancy Rate 0 Water Sewer Garbage 31296 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 2019-11-22T08:14:03.863.

     
    Keller Williams Realty
    1029 E Main Street, Suite 201
    Puyallup WA, 98372
    Listing Courtesy of Westlake Associates, Inc..