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Listing Provided by COMPASS  
$3,200,000
165 1st Ave NW, Issaquah, WA 98027
0 Beds
0 Baths
9,624 SqFt

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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. WANWMLS

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