850 Front Street S Issaquah, WA 98027
Listing Courtesy of: Northwest MLS / Windermere Real Estate/East, Inc. / Craig Gaudry
$2,500,000

  850 Front Street S Issaquah, WA 98027

Pending (97 Days)

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!

MLS #:
2030714
Taxes
$26,239(2022)
Lot Size
0.54 acres
Type
Multifamily
Building Name
Colby Apartments
Year Built
1962
Style
10+ Units
Views
Territorial
School District
Issaquah
County
King County
Community
Issaquah
Bathroom Details
Interior Features
  • Wall to Wall Carpet
  • Hardwood
Subdivision
  • Issaquah
Property Features
  • Foundation: Poured Concrete
Flooring
  • Carpet
  • Vinyl
  • Hardwood
Exterior Features
  • Wood
  • Stone
  • Roof: Torch Down
Utility Information
  • Sewer: Septic Tank
  • Fuel: Electric
School Information
  • Elementary School: Clark Elem
  • Middle School: Issaquah Mid
  • High School: Issaquah High
Additional Listing Info
  • Selling Office Commission: 2.5
Location
   
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Estimated Monthly Mortgage Payment

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Disclaimer: Based on information submitted to the MLS GRID as of 2023 3/30/23 13:28. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.