Listing Provided by COMPASS

AlpenView community was built with pride reflecting traditional German architecture in Olde Downtown Issaquah.The property is highly walkable w/ excellent access to transit, dining & entertainment. Situated within one of Washington’s most coveted suburban residential hubs, it offers significant upside with the Eastside’s explosive specialized employment growth & high barriers of entry for first time homebuyers. AlpenView is composed of 8 expansive units, each over 1,200 sq ft, 2bd 1.75 bth w/ in-unit laundry, private balconies, fireplaces, walk-in closets, secured garage, storage lockers & full appliance packages.While capitalizing on in-place rents, the units & market are primed for renovation to generate further cashflows for a new owner.
- Price:
- $3,200,000
- Square Footage:
- 9,624
- Acreage:
- 0.36
- Year Built:
- 1983
- Listing ID #:
- NWM2008560
- Street Address:
- 165 1st Ave NW
- City:
- Issaquah
- State:
- Washington
- Postal Code:
- 98027
- County:
- King
- Community:
- 500 - East Side/South
- Subdivision:
- Issaquah
- Listing Status:
- Pending
- Listing Type:
- Residential Income
- Approximate Square Footage Range:
- 9624
- Building Condition:
- Good
- Exterior Description:
- Brick, Wood
- Flooring:
- Engineered Hardwood, Vinyl, Carpet
- Foundation:
- Block
- Furnished:
- Unfurnished
- Interior Features:
- Wall To Wall Carpet
- Leasable Square Feet:
- 9624
- Number Of Units:
- 1
- Stories:
- 3
- Structure:
- Multi Family
- Style:
- 55 - 5-9 Units
- Total Building Square Footage:
- 9624
- Type Of Roof:
- Cedar Shake, Flat
- View:
- Territorial
- Year Built:
- 1983
- Annual Insurance Expenses:
- 4531
- Net Operating Income:
- 100464
- Lot Features:
- Curbs, Dead End Street, Paved, Sidewalk
- Lot Square Footage:
- 15840
- Suitable Use:
- Multi-Family
- On Market Date:
- 2022-10-18
- Originating Mls:
- Nwmls
- Terms:
- Cash Out, Conventional
- Subdivision:
- Issaquah
- Property Taxes:
- $30,253
- Tax Year:
- 2020
- Covered Parking Spaces:
- 12
- Parking Spaces:
- 17
- Uncovered Parking Spaces:
- 5
- Existing Water:
- Public
- Sewage Type:
- Sewer Connected
- Utilities:
- Cable Connected, High Speed Internet, Sewer Connected, Electricity Available, Wood
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided by COMPASS
-
Disclaimer: The information contained in this listing has not been verified by the member's firm and should be verified by the buyer.
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