Professionally managed building with five spacious 3-bedroom, 2-bath units, offering functional layouts and in-unit laundry. All units have utility billback implemented for increased NOI. The property sits on a generous lot with plenty of parking. Centrally located between I-5 and I-405, tenants enjoy easy commutes and proximity to major job centers. Moments from Downtown Kenmore, UW Bothell, Lake Forest Park Town Center, Alderwood Mall, and the Woodinville Wine District. Rapidly appreciating submarket with high rental demand and low vacancy. Great opportunity for investors seeking stable cash flow and long-term upside. Priced below replacement cost and nearby 3 bed condos are priced around $500,000. Full due diligence package upon request.