11643 91st Place NE, Kirkland, WA 98034

$2,500,000
4,776
SqFt

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Listing courtesy of Brink Realty Group.

List Price
$2,500,000
Status
ACTIVE
MLS#
2551023
Days on Market
18
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
4,776
Area Total SqFt
4776
Annual Tax Ammount
16518
Internet Provider
Comcast
Lot Size (sq ft)
11,073
Sewer
Sewer Connected

Property Description

We are pleased to present Baymount Terrace, 1 4-unit apartment community strategically located at 11643 91st Place NE in Kirkland, Washington. This exceptional multifamily asset offers investors a rare opportunity to acquire a well-maintained residential property in one of the regions strongest rental markets with large 3 bd, 2ba units - very rare and highly desirable units! The property has been meticulously cared for throughout its history and has professional management maintaining accurate current records. Easy to take ownership and continue operations with value-add oppportunities! This community is designated as condominiums on King County Tax Records offering ownership flexibility (buyer to verify). Very close distance to Juanita Beach Park!

Additional Information

List Date
2026-07-08 17:37:13
Community
Juanita
Net Operating Income
$88,860
Gross Adjusted Income
$117,360
Gross Scheduled Income
$117,360
Total Monthly Income
$9,780
Insurance Expenses
$3,888
Water/Sewer/Garbage Expenses
$7,433
Gross Rent Multiplier
21.3
Total Expenses
$28,500
Cap Rate
3.6
Total Number of Units
4
Unit Name
11643
Potential Terms
Cash, Conventional
Year Built
1978
View
Lake, Territorial
Roof
Composition
Site Features
Patio
Electric Expenses
661
Energy Source
Electric
School District
Lake Washington
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$9,780
Gross Scheduled Income
$117,360
Gross Adjusted Income
$117,360
Tax Year
2026
Insurance Expense
$3,888
W/S/G Expenses
$7,433
Total Expenses
$28,500
Net Operating Income
$88,860
Gross Rent Multiplier
21.3
Cap Rate
3.6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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