31624 W Rutherford ST, Carnation, WA 98014
31624 W Rutherford ST, Carnation, WA 98014
31624 W Rutherford ST, Carnation, WA 98014
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Listed by:Real Broker LLC • Charles Burnett
$1,234,900
Est. payment /mo
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9 Beds
6 Baths
3,936 SqFt
New

31624 W Rutherford ST Carnation, WA 98014

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Listed by:Real Broker LLC • Charles Burnett
Adrian Chu

Adrian Chu

+1(206) 407-5452

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,936 sqft

Price per Sqft $313

Subdivision Carnation

MLS Listing ID 2600805

Style 55 - 5-9 Units

Bedrooms 9

Year Built 1964

Annual Tax Amount $9,192

Lot Size 0.348 Acres

Property Sub-Type Multi Family

Property Description

Rare six-unit apartment building in downtown Carnation with owner financing available! Solid, turnkey investment opportunity offered at approximately a 6% cap rate. Situated on a 15,152 SF corner lot with R-24 zoning and potential for future expansion or redevelopment (buyer to verify). Unit mix includes (3) 2-bedroom and (3) 1-bedroom units. Long-term month-to-month tenants provide flexibility. Current rents well below market, offering significant upside in income and value. Additional current income from common laundry, plus tenant utility reimbursements. Improvements include newer windows, recently replaced upper decks, and a roof with substantial remaining life. Ample parking and convenient access to Redmond, Bellevue, and Microsoft.

Location

State WA

County King

Area 550 - Redmond/Carnation

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

View Y/N Yes

View Territorial

Roof Type Torch Down

Building

Lot Description Corner Lot

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Riverview

Others

Senior Community No

Acceptable Financing Conventional, Owner Will Carry

Listing Terms Conventional, Owner Will Carry

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOLS & PROPERTIES

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Adrian Chu

Adrian Chu

Founder & CEO

+1(206) 407-5452

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31624 W Rutherford ST