7228 NE Bothell Way Kenmore, WA $ 1,990,000
7228 NE Bothell Way
$ 1,990,000
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7228 NE Bothell Way

Kenmore, WA, 98028
$ 1,990,000
Baths0.0 Sq 3,054

Monthly Estimate*

$ 13,226

Listed by Rhino Roz Realty
7228 NE Bothell Way, Kenmore, WA 98028 - Image 1
7228 NE Bothell Way, Kenmore, WA 98028 - Image 2
7228 NE Bothell Way, Kenmore, WA 98028 - Image 3
7228 NE Bothell Way, Kenmore, WA 98028 - Image 4
7228 NE Bothell Way, Kenmore, WA 98028 - Image 5
7228 NE Bothell Way, Kenmore, WA 98028 - Image 6
7228 NE Bothell Way, Kenmore, WA 98028 - Image 7
7228 NE Bothell Way, Kenmore, WA 98028 - Image 8
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Studio

Multi-Family Home for sale in Kenmore, WA

for $1,990,000. This 3,054 square foot home was built in 1938 on a lot size of 0.532.

Opportunity to develop prime mixed-use property to it’s highest and best use with downtown commercial zoning. Level rectangle-shaped lot offers for flexible site plan. Currently, property has 6 units (2 commercial, 4 residential). Close to Lake Washington Waterfront. Great exposure off of Bothell Way located between I-5 and 405 with access to both the east and west sides of the greater Seattle area. No critical areas mapped or known of. Zoning updates from the City of Kenmore in early 2023 has doubled the amount of units this lot was previously allowed. Minimum density for this lot is 32 units. Maximum density for this lot size is 79 units which is $25,000 per door.

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Multi-Family Active

Price

$ 1,990,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,584

Style

5-9 Units

Lot Size

0.532

Year Built

1938

Town/City

Kenmore

County/Region

King

MLS | Web ID

2240132

Features
General
Interior Features Fir/Softwood Wall to Wall Carpet
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing Tenant's Rights
Roof Composition Flat
Exterior Features Wood
HOA 0
Year Built 1938
Property SubType Multi-Family
Tax Year 2023
County King
Net Operating Income 0
Insurance Expense 4943
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Kenmore
Possible Use Commercial Multi-Family Residential Retail See Remarks
Special Listing Conditions None
Status Active
Directions East on WA-522 past 68th Ave on the north side of the street
City Kenmore
Buyer Agent Compensation 2
View Y/N N
Senior Community Y/N N
High School District Northshore
Open Parking Spaces 6
NumberOfUnitsTotal 0
MLS Area 610 - Southeast Snohomish
Lot Size Units Square Feet
Lot Size Square Feet 23172
Waterfront Y/N N
Carport Spaces 4
Carport Y/N N
Street Name Bothell
Listing Terms Cash Out Conventional
Tax Annual Amount 10584
Electric Expense 368
Fuel Expense 0
Property Condition Fair
Public Remarks Opportunity to develop prime mixed-use property to it’s highest and best use with downtown commercial zoning. Level rectangle-shaped lot offers for flexible site plan. Currently property has 6 unit
Leasable Area 3054
Virtual Tour https://rhinoroz.com/kenmore/
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Units Below Grade true
Units In Building Total 6
Zoning Class Commercial Multi-Family Residential Retail See Remarks
Water Sewer Garbage 3883
Property Style 55 - 5-9 Units
Cap Rate 0
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Interior
Flooring Softwood Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Way
Bedrooms Possible 0
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Individual Well Public
Total Parking 10
Foundation Details Poured Concrete
Building Area Total 3054
Lot Dimensions 94x247
Lot Size Acres 0.532
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 6
Lot Number 12
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Internal Only
OriginalMLSID NWM2240132
Street Number 1 7228
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* Excluded Features
List By
Amy Towillis

Listing Agent

Rhino Roz Realty

Broker

Affordability Calculator

$14,108
Per Month
94%
6%
0%
Monthly Principal & Interest
$13,226
Monthly Property Taxes
$882
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258628 Elementary School
258094 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/18/2024$1,900,000 Listed Price

Map


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7228 NE Bothell Way, Kenmore, WA, 98028 is a Multi-Family Home for sale at $1,990,000 with 3,054 sqft and a lot size of 0.532. 7228 NE Bothell Way is a studio with 0.0 baths and was built in 1938. The property's zip code is 98028 which is in Kenmore, WA