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18309 96th Ave NE, Bothell, WA 98011

$1,675,000
Last sold 11/03/2003 after 230 Days
—
bed
—
bath

House not for sale

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About 18309 96th Ave NE

Property type House

Neighborhood

Year built 1967

HOA fee $0/month

Property description

Very motivated seller wants to move out of country. Nice spacious 23 units. Brick veneer building. 2 tax lots. Over 1.18 acre. Lot next to Bothell City Library. Most long term tenants & easy to manage. Very strong on-site mgr team willing to stay to help. With today's low interest rate, buyer would cash flow quite a bit. 2 laundry rooms. True 100% occupancy!

Listed by

Listing Agent - Jane Nipius

Listing Office - WPI Real Estate Services, Inc.

Source: NWMLS

MLS#23037505 • last updated 1 year ago

Movoto checked NWMLS for data 8 minutes ago

Overview
Levels/Style	Multi Family
MLS #	23037505
SubType	Multi-Family
Type	Residential Income
Status	Sold
Property Tax	12750
Year Built	1967
Buying Office Phone	206-523-5080
HOA Fee	Annually, 0
Condition	Average

Interior
Interior Features	Wall To Wall Carpet

Exterior
Roof	Flat
# Open Parking Spaces	29
# Parking Spaces	29
# Uncovered Spaces	29

Amenities / Utilities
Sewer/ Septic	Sewer Connected, Public
Water	Public
Water Company	Public
Power Company	Public
Power Production: Type	Electric
HOA Amenities	Coin Op Laundry

Location
County	King
Area	_610SoutheastSnohom
High School District	Lake Washington
APN	726059390
Directions	Hwy 522 W On NE 180th St Immediately R On 96th Ave NE. Dead End.From I-405 Exit 23 (Hwy 522) W On Hwy 522 Right On NE 180th.
Zoning	Multi-Family

Multifamily Details
Net Operating Income	138361
Capitalization Rate	8.5
Expense: Insurance	6000
Expense: Electricity	2558
Gross Scheduled Income	207600
Expense: Fuel	17592
Expense: Other	19600
Gross Adjusted Income	197661
Total Expenses	59300
Gross Rent Multiplier	11
Vacancy Rate	5

Lot/ Land Details
Site Features	Cable TV

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Nov 2003
Public Records
Nov 3, 2003 Sold
$1,675,000
Nov 2003
MLS # 23037505
Nov 3, 2003 Sold
$1,675,000 (-1.5%)
Mar 18, 2003 Listed
$1,700,000 (+6.9%)
Nov 2001
Public Records
Nov 16, 2001 Sold
$1,590,000

18309 96th Ave NE
$1.67M
Downtown-190th-Riverfront
$1.05M -4% y/y
98011
$935K -6% y/y
Bothell
$799K -11% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
18406 96th Ave Ne, #e, Bothell, WA 98011	$1,948,000	5/2	4,010	0.03
18328 94th Ave Ne, Bothell, WA 98011	$945,000	2/1	2,300	0.05
18304 94th Ave Ne, Bothell, WA 98011	$1,076,000	4/1	2,750	0.06
18334 94th Ave Ne, Bothell, WA 98011	$1,218,000	4/1	3,370	0.07
18234 94th Ave Ne, Bothell, WA 98011	$1,099,000	4/1	2,560	0.08
18306 94th Ave Ne, Bothell, WA 98011	$762,000	2/1	920	0.08
18510 94th Ave Ne, Bothell, WA 98011	$1,055,000	3/1	2,520	0.08
18310 94th Ave Ne, Bothell, WA 98011	$768,000	2/1	1,030	0.09

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.