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2025 Market Street
Kirkland, WA 98033
Asking Price
$3.00M
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
Plans Complete • Permits Submitted • Development Ready w/ Rental Income <h1>Premier Kirkland Development Opportunity | 20,000+ SF Assemblage | Boundary Line Adjustment in Final Stage | Potential for Luxury Homes or Cottage Development</h1><p>An exceptional opportunity to acquire a premier <strong>20,000+ SF development assemblage</strong> in one of Kirkland's most sought-after neighborhoods. Comprising <strong>2025 Market Street and 2031 Market Street (APN 1245500255 and 1245500260)</strong>, these two adjacent parcels are in the <strong>final stage of a strategic B
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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.90%
Monthly Payment
$14,842.363
Annual Cash Flow
$-98,108.358