7228 Northeast Bothell Way

Kenmore, WA 98028

$1,990,000
Price
—
Beds
3,054 Sq. Ft.
$652 / Sq. Ft.
3,054
Sq. Ft.
$652
per Sq. Ft.
Listing provided courtesy of Rhino Roz Realty

Description

Opportunity to develop prime mixed-use property to it’s highest and best use with downtown commercial zoning. Level rectangle-shaped lot offers for flexible site plan. Currently, property has 6 units (2 commercial, 4 residential). Close to Lake Washington Waterfront. Great exposure off of Bothell Way located between I-5 and 405 with access to both the east and west sides of the greater Seattle area. No critical areas mapped or known of. Zoning updates from the City of Kenmore in early 2023 has doubled...Opportunity to develop prime mixed-use property to it’s highest and best use with downtown commercial zoning. Level rectangle-shaped lot offers for flexible site plan. Currently, property has 6 units (2 commercial, 4 residential). Close to Lake Washington Waterfront. Great exposure off of Bothell Way located between I-5 and 405 with access to both the east and west sides of the greater Seattle area. No critical areas mapped or known of. Zoning updates from the City of Kenmore in early 2023 has doubled the amount of units this lot was previously allowed. Minimum density for this lot is 32 units. Maximum density for this lot size is 79 units which is $25,000 per door.
  1. Listed by Amy L. Rozgo • Rhino Roz Realty

Property Details for 7228 Northeast Bothell Way

Community Name
Kenmore
School District
Northshore
Number of Assigned Spaces
10
Total Covered Parking
0
Entry Date
05-18-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/15/2024 02:52 PM

Property Details for 7228 Northeast Bothell Way

StatusActive
MLS #2240132
Days on Market187
Cumulative Days on Market137
Taxes$10,584 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1938
Lot Size0.53 AC / 23,172 SF
CountyKing County

Building Information for 7228 Northeast Bothell Way

Stories2Residences-Year Built1938Building Size-Lot Size0.53 AC / 23,172 SF

Property Information for 7228 Northeast Bothell Way

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 610 - Southeast Snohomish
  • Block: 12
  • Effective Year Built Source: Public Records
  • Directions: East on WA-522 past 68th Ave, on the north side of the street
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
  • Additional Tax Ids: 0114100673
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Virtual Tour
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
  • Floor Covering: Softwood, Vinyl, Carpet
  • Features: Fir/Softwood, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Wood
  • Roof: Composition, Flat
Property
Utilities
  • Water Source: Individual Well, Public
  • Water/Sewer/Garbage: 3883
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Commercial,Multi-Family,Residential,Retail,See Remarks
  • First Right Of Refusal: false
  • Possible Use: Commercial, Multi-Family, Residential, Retail, See Remarks
  • MLS Square Footage Source: KCR
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1975
  • Photos Count: 8
Lot Information
  • Lot Size Dimensions: 94x247
  • Lot Number: 12
  • Lot Size Source: KCR
  • Parcel Number Free Text: 0114100673
  • Building Condition: Fair
  • Calculated Square Footage: 3054
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3054.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 0
  • Units Below Grade: true
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $368
  • Total Expenses: 19778
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $101,542
  • Insurance Expense: $4,943
  • Net Operating Income: $0
  • Other Expenses: $0
  • Total Monthly Income: 8462
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3054.0
  • Leasable Area Units: Square Feet

Property History for 7228 Northeast Bothell Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 7228 Northeast Bothell Way

This home is within Northshore School District.
Rating
School
Type
Grades
Distance
Kenmore Elementary School
Public - PK to 5
Kenmore Middle School
Public - 6 to 8
Inglemoor High School
Public - 9 to 12
Northshore Special Services
Public - PK to 12
Rating
School
Distance
Kenmore Elementary School
PublicPK to 5

Kenmore Middle School
Public6 to 8

Inglemoor High School
Public9 to 12

Northshore Special Services
PublicPK 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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More information about 7228 Northeast Bothell Way, Kenmore, WA 98028

7228 Northeast Bothell Way is a multi-family home for sale in Kenmore, WA 98028. This property was listed for sale on May 18, 2024 by Rhino Roz Realty, it's currently listed at $1,990,000. It has been on the market for a total of 187 days and was last sold on December 20, 2012. This listing's school district is Northshore School District. Nearby schools include Kenmore Elementary School, Kenmore Middle School and Inglemoor High School. 7228 Northeast Bothell Way is a 0-bed, 0-bath, 3,054 sqft multi-family home built in 1938.

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 Rhino Roz Realty

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.