Sq.Ft.9,280
Year1962
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Windermere Real Estate/East
Windermere Real Estate/Eastmulti-family for sale at 850 Front St S Issaquah, WA 500 - East Side/South 98027, MLS#2030714
Status:
Pending
Property Type:Multi-Family
MLS® #:2030714
Sq. Feet:9,280
On Site:15 Days
Lot Size:0.54 Acres
County:King
The Colby Apartments 10-Unit Complex. Solid investment venture with current income & Value Added Opportunities. Great opportunity for investors who recognize current value w/under market rents; Ability to make improvements to existing units, creating additional income value. Large 2nd vacant lot creates more options for potential development. Located just south of downtown Issaquah. Fully rented units. High rental demand area for employees of nearby Costco Headquarters, Swedish Hospital, Microsoft etc. Forested areas & paths to downtown Issaquah create an ideal living space for access to work, town and the outdoors! Take advantage now and discover for yourself this remarkable opportunity!
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Community Information
Address:850 Front St S, Issaquah, WA 98027
Area:500 - East Side/South
County:King
City:Issaquah
Subdivision:Issaquah
Zip Code:98027
Plat or Condo Bldg.:Colby Apartments
School Information
School District:Issaquah
High School:Issaquah High
Middle School:Issaquah Mid
Elementary School:Clark Elem
Architecture
Year Built:1962
Stories:2
Possible Use: Multi-Family
Year Built Effective: 1990
Building Style: 10+ Units
Roof: Torch Down
Foundation: Poured Concrete
Features / Amenities
Interior Features: Hardwood, Wall to Wall Carpet
Flooring: Hardwood, Vinyl, Carpet
Exterior Features: Stone, Wood
Open Parking Spaces: 25
Parking Total: 25
Heating Cooling Type: Baseboard
Property Features
Lot Size:
0.54 Acres
View: Territorial
Sq.Ft. Size: 9280
Lot Sq.Ft. Size: 23579
Sewer: Septic Tank
Water: Public
Directions:From I-90, take exit 17 to Front St. Proceed South through downtown Issaquah to Front St S. Property located on the Left - 850 Front St S.
Tax and Financial Info
Tax Year: 2022
Tax Annual Amount: $26,239
Electric Expense: $1,076
Insurance Expense: $8,569
Net Income: $68,359
Listing Terms: Cash Out, Conventional
Total Monthly Income: $10,643
Net Operating Income: $68,359
Total Expenses: $59,321.40
Offers: Seller intends to review offers upon receipt
Possession: Tenant's Rights
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850 Front St S Issaquah, WA 98027
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All listings featuring the icon are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2023. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Keller Williams Realty Greater Seattle and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
Listing information last updated on February 8, 2023 at 11:30 AM PST.
are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2023. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Keller Williams Realty Greater Seattle and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.Listing information last updated on February 8, 2023 at 11:30 AM PST.
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