355 Front Street S, Issaquah, WA 98027
- $3,125,000
- 11,168
- SqFt
Listing courtesy of Redfin Corp.. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $3,125,000
- List Price
- $3,580,000
- Status
- SOLD
- MLS#
- 1560435
- Closing Date
- Oct 26, 2020
- Days on Market
- 202
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 11,168
- Area Total SqFt
- 11168
- Annual Tax Ammount
- 26926
- Lot Size (sq ft)
- 78,408
- Sewer
- Sewer Connected
Property Description
Ultra-Rare Investment Opportunity! Located on Front Street set just a few blocks from the Historic Issaquah core, dining, theater, music, pools, schools and library! Easy access to Issaquah Highlands park-n-ride and Swedish Hospital. Two four-plex units on separate tax parcels with 285 ft of Issaquah Creek frontage. Eight total units, each with 2 Bedrooms + bonus room 2.5 baths, attached garage and plenty of guest parking in huge private paved lot. Built above flood plain. Think Salmon Days!
Additional Information
- List Date
- 2020-04-07 00:00:00
- Community
- Issaquah
- Net Operating Income
- $64,447
- Gross Adjusted Income
- $161,880
- Gross Scheduled Income
- $161,880
- Total Monthly Income
- $13,475
- Insurance Expenses
- $10,250
- Water/Sewer/Garbage Expenses
- $9,191
- Gross Rent Multiplier
- 24
- Total Expenses
- $97,433
- Cap Rate
- 1.6600000000000001
- Total Number of Units
- 8
- Unit Name
- 355
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1989
- Waterfront
- Yes
- Roof
- Composition
- Site Features
- Cable TV, Deck, High Speed Internet
- Electric Expenses
- 1654
- Other Expenses
- 49412
- School District
- Issaquah
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $13,475
- Gross Scheduled Income
- $161,880
- Gross Adjusted Income
- $161,880
- Tax Year
- 2019
- Insurance Expense
- $10,250
- W/S/G Expenses
- $9,191
- Total Expenses
- $97,433
- Net Operating Income
- $64,447
- Gross Rent Multiplier
- 24
- Cap Rate
- 1.6600000000000001
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