Address
4240 McKinley, Carnation, WA
Price
$ 1,075,000
Property Attributes
- ID#2061269
- TypeMulti-Family
- CountyKING
- CityCarnation
- AreaRedmond-Carnation
- NeighborhoodDowntown Carnation
- Zip98014
- Style4-Plex
- Year Built1983
- Taxes$ 6121
- Price$ 1,075,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3126
- Lot Size11,879 SqFt
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Great value add investment opportunity! Lot's of room to increase rent if you put new kitchen, update bathrooms, rents should be at least $1950 to $2000 a month. This 4-plex can provide steady income for investor, and the fact that the community is growing and there is low vacancy is definitely a plus. Units had been updated, new roof in 2020, new exterior paint in 2021 and updated electrical. There is additional income from the coin-op laundry.
| Price History | |
|---|---|
| 5/1/2023 | Listed $1,150,000 |
| 6/13/2023 | 3% - $1,125,000 |
| 9/20/2023 | 5% - $1,075,000 |
General Features
| Building Area Units | Square Feet |
|---|---|
| Carport Y/N | No |
| City | Carnation |
| County | King |
| Directions | From 203 to Carnation L on Eugene- Right on McKinley |
| Electric Expense | 600 |
| Exterior Features | Wood |
| High School District | Riverview |
| Insurance Expense | 2000 |
| Interior Features | Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood |
| Leasable Area | 3136 |
| Listing Terms | Cash Out, Conventional |
| Lot Size Square Feet | 11880 |
| MLS Area | 550 - Redmond/Carnation |
| Net Operating Income | 55519 |
| New Construction | No |
| Open Parking Spaces | 8 |
| Possession | Closing, Tenant's Rights |
| Property Style | 54 - 4-Plex |
| Property SubType | Multi-Family |
| Property Type | Residential Income |
| Public Remarks | Great value add investment opportunity! Lot's of room to increase rent if you put new kitchen, update bathrooms, rents should be at least $1950 to $2000 a month. This 4-plex can provide steady income f |
| Roof | Composition |
| Senior Community Y/N | No |
| Sewer | Sewer Connected |
| Special Listing Conditions | None |
| Standard Status | Active |
| Status | Active |
| Street Name | McKinley |
| Structure Type | Quadruplex |
| Subdivision Name | Downtown Carnation |
| Tax Annual Amount | 6121 |
| Tax Year | 2022 |
| Total Units | 4 |
| Units Below Grade | false |
| Units In Building Total | 4 |
| View | Territorial |
| View Y/N | Yes |
| Water Sewer Garbage | 10520 |
| Waterfront Y/N | No |
| Year Built | 1983 |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Fireplace Y/N | No |
| Flooring | Ceramic Tile, Laminate, Carpet |
| Furnished Y/N | Unfurnished |
| Heating Y/N | Yes |
| Living Area Units | Square Feet |
| Power Production Type | Electric |
| Total Stories | 2 |
Exterior Features
| Building Area Total | 3126 |
|---|---|
| Foundation Details | Poured Concrete |
| Irrigation Water Rights Y/N | No |
| Lot Features | Sidewalk |
| Lot Size Acres | 0.2727 |
| Lot Size Units | Square Feet |
| Open Parking Y/N | Yes |
| Parking Uncovered Spaces | 8 |
| Site Features | Cable TV, Deck |
| Total Parking | 8 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 98014
Price
Taxes
Visits
Year Built
Walkscore
THIS IS A SAMPLE MLS FEED, COURTESY OF NORTHWEST MLS
