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12626 NW 118th St
Kirkland, WA 98034
Totem Firs · Multifamily Property For Sale
·
4 Units

Property Facts
| No. Units | 4 | Building Size | 3,328 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1979 |
| Building Class | C | Parking Ratio | 1.8/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | RM900, Kirkland | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,328 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 1.8/1,000 SF |
| Zoning | RM900, Kirkland |
About 12626 NW 118TH ST , KIRKLAND, WA 98034
Totem Firs is a 4-plex apartment building located in the Totem Lake neighborhood of Kirkland. Built in 1979, the property has been under current ownership for over 20 years. The unit mix is comprised of all spacious 2-bedroom, 1-bathroom apartments, of 800+ square feet each. Unit amenities include fireplace, balcony, washer and dryer, and full kitchen with electric range, and dishwasher. The property also has parking for all units. As the property is part of a complex, there is a Home Owner’s Association (HOA) in place to oversee upkeep of the grounds and land. Totem Firs has a Walk Score of 67, Somewhat Walkable. The nearest major grocery store is Fred Meyer, which is located 0.9 miles west of the property. Nearby schools include Alexander Graham Bell Elementary & Northlake Academy. There are ample retail options along the NE 124th Street commercial corridor as well being a short drive from the downtown Kirkland waterfront and Redmond Commercial Business Districts (CBD). The east-side expansion of the Link Light Rail providing access to Seattle is underway with several nearby stations in Redmond and Kirkland schedule for 2025 openings. The property is located within minutes of I-405 with a close connection to I-90 allowing for travel between several King County markets. Totem Firs is well positioned to capture a quality pool of renters who are seeking an affordable yet quality space to call home in a well-located area. It also allows for a potential buyer to occupy a unit and benefit from home ownership in addition to rental property income.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | 832 |
Property Taxes
| Parcel Number | 866325-0070 | Improvements Assessment | $781,000 |
| Land Assessment | $351,000 | Total Assessment | $1,132,000 |
Property Taxes
Listing ID: 17332197
Date on Market: 9/30/2019
Last Updated:
Address: 12626 NW 118th St, Kirkland, WA 98034
The North Rose Hill Multifamily Property at 12626 NW 118th St, Kirkland, WA 98034 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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