Bought with Realogics Sotheby's Int'l Rlty
$1,395,000
$1,200,000
16.3%For more information regarding the value of a property, please contact us for a free consultation.
705 Rainier BLVD N Issaquah, WA 98027
2,430 SqFt
Key Details
Sold Price $1,395,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,430 sqft
Price per Sqft $574
Subdivision Downtown Issaquah
MLS Listing ID 1826259
Sold Date 09/30/21
Style 53 - Tri-plex
Year Built 1976
Annual Tax Amount $6,183
Lot Size 5,147 Sqft
Property Description
Ideally located, renovated, corner lot tri-plex in Downtown Issaquah! An exceptional investment opportunity. Units are mirror 2 bed/1 bath. Capital improvements to two of them include remodeled kitchens with upgraded cabinets & SS appliances, wood laminate floors. Opportunity to increase cap rate with updates & commensurate rent for third unit. New roof and exterior paint within the last two years. Vinyl windows throughout. A stones throw from endless Downtown Issaquah amenities, including Gilman Village/Blvd, and more within minutes, along with great freeway/transit access. Quiet location, directly across from Confluence Park, which views can be enjoyed from many windows. City has previously stated potential for 9 units-Buyer to verify.
Location
State WA
County King
Area 500 - East Side/South Of I-90
Interior
Interior Features Wall to Wall Carpet, Laminate Hardwood
Flooring Laminate, See Remarks, Carpet
Fireplace false
Exterior
Exterior Feature See Remarks, Wood
Utilities Available Cable Connected, Sewer Connected, Electric
Amenities Available Cable TV, Deck, Fenced-Partially
View Y/N Yes
View See Remarks
Roof Type See Remarks,Torch Down
Building
Lot Description Corner Lot, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Issaquah
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, VA Loan
Listing Terms Cash Out, Conventional, VA Loan
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.