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14506 NE 6th Pl
Bellevue, WA 98007
Stoneridge Fourplex · Multifamily Property For Sale
·
4 Units
Investment Highlights
- Seller Financing is available to qualified buyers
- Large units with functional layouts - Average of 1,194 SF
- 4 secure garage stalls, one dedicated or each unit
- Excellent location in Bellevue's Crossroads neighborhood
- All units have in-unit washer/dryer
- Immediate upside income in current conditions with further upside through renovations
Executive Summary
The Stoneridge Fourplex is a well-positioned asset located on a 9,834 SF Lot in a neighborhood that always has high rental demand and historically low vacancy rates. Every apartment features the amenities today’s renters want most, in-unit washer and dryer, smart and functional floor plans, and full kitchen appliance packages including dishwashers. Interiors blend original character with thoughtful updates completed over time, creating a solid foundation for value growth. A future owner can effortlessly elevate the units with light cosmetic modernizations, unlocking meaningful upside and stronger income potential. The units are large, with an average size of 1,193 SF. The unit mix consists of 1 – 2BD/1BTH unit that is 995 SF, 2 – 2BD/1.5BTH units that are 1,220 SF and 1 – 3BD/2BTH unit that is 1,365 SF. The building has 4 secure garages along with 2 uncovered stalls allowing for ample parking and secure storage at the property for the tenants.
Property Facts
Amenities
Unit Amenities
- Washer/Dryer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $2,250 | 995 |
| 2+1.5 | 2 | $2,425 | 1,220 |
| 3+2 | 1 | $2,745 | 1,365 |
Property Taxes
| Parcel Number | 803570-0180 | Improvements Assessment | $1,320,700 |
| Land Assessment | $334,300 | Total Assessment | $1,655,000 |
Property Taxes
Parcel Number
803570-0180
Land Assessment
$334,300
Improvements Assessment
$1,320,700
Total Assessment
$1,655,000
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