LISTING DETAILS

Island Terrace Apartments & Home

6106 - 6112SE 28th St Mercer Island WA 98040

Listing #: 684073 | Status: Pending | Last Modified: 8/26/2024

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Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income0
Vacancy Factor %0.00%
Operating Expenses80,617
Net Operating Income-80,617
CAP Rate4.70 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Building Information
Building StatusExisting
# of Buildings2
# of Floors3
# of Units12
Total Building SF9,715 SF
Net Rentable Area9,715 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF13,950 SF
Acres0.32
Year Built1958
Property Type
Property TypeMulti-Family
Location
CountyKing
Market AreaMercer Island
Tax ID #2174503210
ZoningMF-2L & R-8.4

Island Terrace Apartments & 4BD/2.5BTH Home

Public Comments

Paragon Real Estate Advisors proudly presents a rare opportunity nestled in the prestigious “Gold Coast” of Mercer Island - the Island Terrace Apartments & Single-Family Home. This is a rare opportunity to acquire a well maintained multi-family building situated among multi-million dollar homes a block from the lake and the historic Calkins Landing with views from most units. The property has been held by the same ownership for over four decades. Exceptional Investment: Most units feature stone countertops, updated cabinets, and in-unit washer/dryers (6 of 9). The house and unit #6 underwent full remodels including new appliance packages, all new bathrooms, doors, millwork, countertops, cabinets, light fixtures, and hardware. The property offers an unmatched level of luxury and modernity

Island Terrace Apartments & Home
6106 - 6112SE 28th St Mercer Island WA 98040

Listing #: 684073 | Status: Pending | Listing Date: 7/12/2024 | Last Modified: 8/26/2024 | Email Listing

For Sale

Island Terrace Apartments & Home