300 SE Andrews Street, Issaquah, WA 98027
- $879,000
- 1,530
- SqFt
Listing courtesy of Real Property Associates. Selling Office: RE/MAX Whatcom County, Inc..
- Sold Price
- $879,000
- List Price
- $850,000
- Status
- SOLD
- MLS#
- 2332504
- Closing Date
- Mar 19, 2025
- Days on Market
- 4
- Style
- 52 - Duplex
- Finished SqFt
- 1,530
- Area Total SqFt
- 1530
- Lot Size (sq ft)
- 6,000
- Sewer
- Sewer Connected
Property Description
Prime investment opportunity in the heart of Issaquah! This well-maintained side by side duplex offers two spacious 2-bedroom, 1-bathroom units, ideal for owner-occupants or investors seeking rental income. A detached garage provides additional income potential, while alley access enhances convenience and development potential. Nestled on a quiet street yet just moments from Front Street and Old Town Issaquah restaurants, theatre and library, this property combines tranquility with unbeatable accessibility. Don’t miss this chance to own a versatile income-producing property in one of the best locations. Investment properties like this are rare on the east side.
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Additional Information
- List Date
- 2025-03-15 00:00:00
- Community
- Issaquah
- Net Operating Income
- $42,500
- Gross Adjusted Income
- $42,500
- Gross Scheduled Income
- $55,200
- Gross Rent Multiplier
- 15
- Total Expenses
- $12,700
- Cap Rate
- 5
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 300
- Potential Terms
- Cash Out, Conventional, FHA
- Year Built
- 1970
- Roof
- Torch Down
- Site Features
- Shop
- Other Expenses
- 12700
- Energy Source
- Electric, Natural Gas
- School District
- Issaquah
- Gross Scheduled Income
- $55,200
- Vacancy Rate
- 5
- Gross Adjusted Income
- $42,500
- Tax Year
- 2024
- Total Expenses
- $12,700
- Net Operating Income
- $42,500
- Gross Rent Multiplier
- 15
- Cap Rate
- 5
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.