Issaquah, WA 98027,850 Front ST S
Issaquah, WA 98027,850 Front ST S
Issaquah, WA 98027,850 Front ST S
Issaquah, WA 98027,850 Front ST S
Issaquah, WA 98027,850 Front ST S
Issaquah, WA 98027,850 Front ST S
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Listed by Windermere Real Estate/East
Bought with Windermere Real Estate/East

$2,600,000

$2,500,000

4.0%
Est.Price: ?

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Est. payment /mo

9,280 SqFt


SOLD DATE : 10/20/2023

Key Details

Sold Price $2,600,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 9,280 sqft

Price per Sqft $280

Subdivision Issaquah

MLS Listing ID 2030714

Style 56 - 10+ Units

Year Built 1962

Annual Tax Amount $26,239

Lot Size 0.541 Acres

Property Description

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!

Location

State WA

County King

Area 500 - East Side/South Of I-90

Interior

Flooring Hardwood, Vinyl, Carpet

Exterior

Exterior Feature Stone, Wood

View Y/N Yes

View Territorial

Roof Type Torch Down

Building

Sewer Septic Tank

Water Public

New Construction No

Schools

Elementary Schools Clark Elem

Middle Schools Issaquah Mid

High Schools Issaquah High

School District Issaquah

Others

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

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RSVP Real Estate Group

+1(425) 610-7787

Real Estate Firm | License ID: 17634

Real Estate Firm License ID: 17634

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