355 1st Avenue NW, Issaquah, WA 98027

$657,000
2,490
SqFt

Listing courtesy of Windermere Real Estate/East. Selling Office: Coldwell Banker Bain.

Sold Price
$657,000
List Price
$669,000
Status
SOLD
MLS#
766926
Closing Date
Aug 11, 2015
Days on Market
56
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
2,490
Area Total SqFt
2490
Annual Tax Ammount
4318
Lot Size (sq ft)
11,200
Sewer
Sewer Connected

Property Description

Here is the investment property you have been waiting for. So private & peaceful you will never want to leave. This updated Triplex is just steps from downtown on beautiful Issaquah Creek. Stroll to shopping, Gilman Village, restaurants, Playhouse & the new library. Updates include new windows, heating units, paint, kitchen updates, flooring. Includes detached 2 car garage, driveway & front parking. All 3 units have private decks/patio w/views of the creek. All units updated in past 5 yrs.

Additional Information

List Date
2015-06-16 00:00:00
Community
Downtown Issaquah
Net Operating Income
$32,954
Gross Adjusted Income
$44,075
Gross Scheduled Income
$44,520
Total Monthly Income
$44,220
Insurance Expenses
$1,600
Water/Sewer/Garbage Expenses
$3,300
Gross Rent Multiplier
15
Total Expenses
$11,373
Cap Rate
4.93
Vacancy Rate
2
Total Number of Units
3
Unit Name
355
Potential Terms
Cash Out, Conventional
Year Built
1962
Waterfront
Yes
View
River, See Remarks
Roof
See Remarks
Site Features
Cable TV, Deck, Disabled Access, High Speed Internet, Patio
Electric Expenses
300
Other Expenses
2155
School District
Issaquah
Elementary School
Issaquah Vly Elem
Middle School
Issaquah Mid
High School
Issaquah High
Total Monthly Income
$44,220
Gross Scheduled Income
$44,520
Vacancy Rate
2
Gross Adjusted Income
$44,075
Tax Year
2014
Insurance Expense
$1,600
W/S/G Expenses
$3,300
Total Expenses
$11,373
Net Operating Income
$32,954
Gross Rent Multiplier
15
Cap Rate
4.93
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