6106-6112 Southeast 28th Street

Mercer Island, WA 98040

$5,000,000
Last Sold Price
—
Beds
9,715 Sq. Ft.
$515 / Sq. Ft.
9,715
Sq. Ft.
$515
per Sq. Ft.

Description

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. 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,...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. 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.
  1. Listed by Michael Urquhart • Paragon Real Estate Advisors

Property Details for 6106-6112 Southeast 28th Street

Community Name
Mercer Island
School District
Mercer Island
Number of Assigned Spaces
12
Total Covered Parking
0
Entry Date
07-15-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 10/02/2024 09:16 AM

Property Details for 6106-6112 Southeast 28th Street

StatusSold
MLS #2264315
Days on Market42
Cumulative Days on Market42
Taxes$30,969 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.32 AC / 13,950 SF
CountyKing County

Building Information for 6106-6112 Southeast 28th Street

Stories3Residences10Year Built1958Building Size-Lot Size0.32 AC / 13,950 SF

Property Information for 6106-6112 Southeast 28th Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 510 - Mercer Island
  • Effective Year Built Source: Public Records
  • Directions: From Downtown Seattle, take I-90 E to W Mercer Way in Mercer Island. Take exit 6 from I-90 E. Continue on W Mercer Way. Drive to SE 28th St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
  • Additional Tax Ids: 2174503385
Parking
  • Number of Carport Spaces: 3.0
  • Carport: No
  • Open Parking Spaces: 9.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
Exterior Features
  • Exterior: Wood Products
  • Roof: Flat
Property
Utilities
  • Water/Sewer/Garbage: 12581
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1987
  • Photos Count: 40
Lot Information
  • Lot Size Source: King County
  • Parcel Number Free Text: 2174503210
  • Calculated Square Footage: 9715
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 9715.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 9
  • Number of Stories in Building: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 10
  • Units Below Grade: false
  • Units In Building Total: 12
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 80617
  • Gross Adjusted Income: 324843
  • Gross Rent Multiplier: 16.01
  • Gross Scheduled Income: $339,036
  • Insurance Expense: $9,217
  • Net Operating Income: $244,226
  • Other Expenses: $27,850
  • Total Monthly Income: 27070
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 10140.0
  • Leasable Area Units: Square Feet

Property History for 6106-6112 Southeast 28th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 6106-6112 Southeast 28th Street

This home is within Mercer Island School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 8 to 12
Rating
School
Distance
West Mercer Elementary School
PublicK to 5

Islander Middle School
Public6 to 8

Mercer Island High School
Public9 to 12

Privett Academy
Private8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Paragon Real Estate Advisors

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.